$81 million has been seized from the Philippines' RCBC Bank (RCBC) in the Bangladesh Bank reserve theft case.

CID Special Police Superintendent (Media) Jasim Uddin Khan confirmed this information on Sunday (September 21).

He said that through the court, the CID has confiscated $81 million from RCBC Bank of the Philippines in the Bangladesh Bank reserve theft case.

It is worth noting that in February 2016, about $101 million was stolen from Bangladesh Bank's foreign exchange reserves held at the Federal Reserve Bank in New York, USA, through a fake SWIFT message. Of this, about $20 million sent to Sri Lanka was returned as suspicious. However, the remaining $81 million was deposited in several fake accounts at the Jupiter branch of the Rizal Commercial Banking Corporation (RCBC) in Makati City, Philippines.

Later, the money was laundered through various casinos. The incident is known as one of the largest cyber robberies in history. Bangladesh Bank filed a case in this incident and investigations were started in various countries including the Philippines. In a Philippine court, RCBC Bank branch manager Maya Deguito was found guilty of money laundering.