RCBC maintains 5 bank officers in cyber-heist are innocent

RCBC maintains 5 bank officers in cyber-heist are innocent

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The Rizal Commercial Banking Corporation (RCBC) on Wednesday expressed belief that its officers who were indicted by the Department of Justice for their alleged complicity in the $81-million cyber-heist involving the Bank of Bangladesh would be eventually cleared by courts.

DOJ indicts 5 RCBC execs in Bank of Bangladesh cyber-heist

In a press statement, RCBC counsel Thea Daep said: ” We are confident that they will be vindicated since our investigation, conducted by independent third parties, concluded they had no knowledge about the alleged money laundering activity at all.
We expect the complaint to be dismissed consequently.”

RCBC sues Bangladesh Bank for defamation before Makati court

Ealier, the Department of Justice has filed money laundering charges against five officers of the Rizal Commercial Banking Corporation (RCBC).

Charged for violation of the Anti-Money Laundering Act (AMLA) before the Makati regional trial court were officers of RCBCs Retail Banking Group (RBG) namely Raul Victor Tan, its former head, National Sales Director Ismael Reyes, Regional Sales Director Brigitte Capiña, Customer Service Head Romualdo Agarrado and Senior Customer Relationship officer Angela Ruth Torres.

“The resolution found the five officers of the RCBC Retail Banking Group remiss in their duties and thereby facilitated the offense of money laundering,” Justice Undersecretary and concurrent DOJ spokesperson Markk Perete said.

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