Bloomberry Resorts Corp. said a New York Court has junked a case filed against it by the Bangladesh Bank over a hacking incident in 2016 that also implicated lender Rizal Commercial Banking Corp. (RCBC).
Bloomberry said the New York Court dismissed the case for lack of jurisdiction against its unit Bloomberry Resort and Hotels Inc. as argued by the company.
The case stemmed from the February 2016 Bangladesh heist where hackers transferred close to $101 million of the Central Bank of Bangladesh from the Federal Reserve Bank of New York to several accounts in Sri Lanka and the Philippines.
Of the amount, $81 million was transferred to Philippine accounts, channeled to five separate accounts in RCBC under fictitious names.
The funds were allegedly transferred to several local casinos that include Bloomberry’s Solaire for a Macau-based client of a Filipino-Chinese junket operator. – Ruelle Casro
