SECOND EDITION
WEDNESDAY, MARCH 16, 2016
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Chaitra 2, 1422, Jamadiul Sani 6, 1437
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Regd No DA 6238, Vol 3, No 330
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www.dhakatribune.com | 32 pages | Price: Tk10
Atiur resigns over cyber-heist
BB gets new governor
n Jebun Nesa Alo
n Tribune Report
Atiur Rahman, who tendered his resignation as Bangladesh Bank governor to Prime Minister Sheikh Hasina yesterday, said he made the decision out of moral responsibility over the $101 million cyber-heist at the central bank. “I have resigned willingly out of moral responsibility,” said the former governor while addressing a press briefing at his Gulshan residence yesterday afternoon, a few hours after he had quit his job. He said: “I do not want my institution and my country to face any controversy over the fund heist issue, so I decided to quit. I think my resignation will help restore our image.” He urged the government to mete out capital punishment to those involved in the heist after a thorough investigation. “The prime minister was in tears while receiving my resignation,” Atiur said in an emotion-choked voice. Atiur faced the media yesterday for the first time after the biggest ever cyber-heist in Bangladesh’s history. Although he had come to the briefing with a smiling face sporting a panjabi, soon he became very emotional.
Fazle Kabir, a former finance secretary who has been serving as the Sonali Bank chairman, was made the new governor of Bangladesh Bank yesterday. The appointment came hours after Atiur Rahman resigned as the central bank governor amid criticisms surrounding the $101m cyber theft from the bank's foreign exchange reserve account. Finance Minister AMA Muhith announced the appointment following a meeting with senior ministry officials yesterday afternoon. Fazle Kabir will join his new office after returning from New York on March 18, the minister said. However, there were no official words on who would serve the central bank as acting governor until Kabir’s return. Sources at Bangladesh Bank said there had been no written instruction on this regard as of the end of the working day. Hours after appointing the new governor, Muhith also announced that two deputy governors of the central bank – Md Abul Quasem and Nazneen Sultana – have also been removed from office. Quasem was in charge of the IT department back office and the accounting and budgeting department of Bangladesh Bank. His tenure as the deputy governor expired on July 6 last year, but the Banking Division reappointed him in August; his tenure was supposed to in July. Nazneen, the first female deputy governor of the country, was in charge of the foreign exchange-related departments, IT and payment department of the bank. After the end of her first tenure as deputy governor, Finance Ministry appointed her again only last month; Nazneen’s second tenure was supposed to end this July. On Monday, the ministry also appointed two new Bangladesh Bank directors: Jamaluddin Ahmed, general secretary of Bangladesh Economic Association, and Rushidan Islam Rahman, research director of Bangladesh Institute of Development Studies.
‘RCBC allowed fund withdrawal despite stop order’
n Inquirer.net The Rizal Commercial Banking Corp allowed the withdrawal of the bulk of the funds suspected to have been stolen by computer hackers from the Bangladesh Bank despite having received an order from its counterpart banks abroad to stop the payment. This was revealed during the Senate investigation on the $81-million money laundering activity that has put into question the efficacy of the country’s laws to guard against the entry of dirty funds. Senator Teofisto “TG” Guingona III revealed that after receiving the
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During the entire time of briefing he looked very sad and his voice broke several times and he continuously fought back his tears while speaking. “I have come to meet all of you to take farewell formally,” he said as he began the briefing. He explained that the heist had
been reported to the authorities concerned late as the central bank itself was puzzled over the issue. Terming the cyber-theft a terrorist attack, he said the attack was very much innovative and complex. It was like an earthquake and Bangladesh Bank could not identi-
fy which direction the quake was approaching from. “Perplexed at what was really going on, what could we possibly report to the Finance Ministry?” he said. “The incident will be a good lesson for the banking sector just as PAGE 2 COLUMN 4
Committee to analyse why BB authorities hid the cyber-heist n Asif Showkat Kallol The newly formed three-member investigation committee will try to find out why Bangladesh Bank authorities kept the $101m cyber heist a secret and also look into whether central bank officials were involved or negligent in the hacking of reserve funds. M Aslam Alam, before being removed yesterday from the post of the secretary of Bank and Financial Institutions Division, told the Dhaka Tribune that the probe committee will also advise the government on protecting Bangladesh Bank reserve funds from further hacking. He also expressed hopes that
there would be no interference in the investigation from the removed senior BB officials or the employees who are now working in the Swift security system.
MORE ON PAGE 2, 3, 4, 15 “I hope that after advice from the investigation committee, no guilty person involved in the cyber banking crime will go unpunished,” Aslam said. According to a circular, issued yesterday and signed by Banking Division's Deputy Secretary Md Sayad Kutumb, former central bank governor Dr Mohammed Farashuddin will be the convener of the probe committee. The two other members
are Buet Prof Dr Mohammad Kaikobad and Additional Secretary of Banking Division Gokul Chand Das. The committee has been asked to submit an interim report within 30 working days, and a full report within 75 business days, according to the circular. On February 4, hackers stole more than $101m from Bangladesh Bank’s account with the Federal Reserve Bank of New York and wired it to a number of bank accounts in the Philippines and Sri Lanka. After massive criticism, Bangladesh Bank governor Atiur Rahman resigned yesterday while the government also made reshuffles in key posts of the bank. l
Countdown begins for Nizami
Stocks cheer Atiur’s resignation
Menon: Foreign firm to Tigers look to get the start work by March 22 better of Pakistan
The 15-day countdown for Nizami started yesterday after the Supreme Court released its full verdict. PAGE 5
Bangladesh Bank governor Atiur Rahman’s resignation boosted stocks yesterday from a two-day slide, according to brokers. PAGE 15
Bangladesh is negotiating with three UKbased aviation security firms to appoint one of them as consultant at the Hazrat Shahjajal International Airport, PAGE 16
A highly boosted Bangladesh will begin their second phase of the ICC World Twenty20 2016 against Pakistan at Eden Gardens in Kolkata today. PAGE 32
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2nd Round
Sport Page-28