Bangladesh Bank has claimed that there has been no incident of new reserve theft. In a statement on Tuesday, the central bank said that reports of a new billion-dollar reserve theft in an English-language website in India are not true. There are currently three levels of security in place with the New York Fed. Bangladesh is having regular transactions with the Fed.

According to Indian Northeast News, Indian hackers have stolen billions of dollars from Bangladesh’s reserves. The Indian government is investigating this incident a week ago.

The news of the new theft has come at a time when Bangladesh is under pressure to continuously reduce its reserves. Reserves left home at $48 billion in August 2021 have now dropped to $18 billion. According to the IMF’s accounting system, real reserves are now $13 billion.

When asked about this, the Executive Director and Spokesperson of Bangladesh Bank Mejbaul Haque told media that there was no such incident of reserve theft. They have given such flashy news before that the incident took place online.

On February 4, 2016, 100 million dollars were stolen from Bangladesh Bank’s account kept at the Federal Reserve Bank of New York. The central bank kept this information secret for more than a month. It became known after the publication of reports in several media including media on March 7 of that year. In this incident, the then governor. Atiur Rahman was forced to resign. The government canceled the contracts of two deputy governors.

Bangladesh gets back 2 crore dollars taken in Sri Lanka out of the stolen money. Of the 80 million dollars taken in the Philippines, about 150 million dollars were returned in November 2016 by order of the country’s court. Cases are ongoing in the Philippines and the United States to recover the remaining 6 million dollars.