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Weekly Roundup: Bangladesh Bank, New York Fed Weigh Lawsuit, Gold Trader Accuses Erdogan of Sanctions Evasion, and More

Bangladesh’s central bank wants the Federal Reserve Bank of New York to join a lawsuit against Philippine lender Rizal Commercial Banking Corp. for its alleged role in receiving proceeds of an $81 million cyber attack in which the perpetrators illegally accessed an inter bank messaging portal, Reuters reported. More At a federal court in Manhattan, Turkish-Iranian gold trader Reza Zarrab testified that Turkey’s Prime Minister Recep Tayyip Erdogan personally ordered a sanctions-evasion scheme that benefited Iran to resume in 2014 after it had been halted by an investigation, Bloomberg reported. More U.K. Lord Peter Hain called for an investigation of...

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