Former Bangladesh Bank Chief Blames Global System for Theft
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Atiur Rahman resigned as governor of Bangladesh’s central bank after $81 million was stolen in February.CreditA.M. Ahad/Associated Press
DHAKA, Bangladesh — The former governor of Bangladesh’s central bank, from which $81 million was stolen in February, says that flaws in the global money transfer system — and not any misstep by him — are to blame for the brazen heist.
In an interview this week at his home in a well-to-do neighborhood in the Bangladeshi capital, Dhaka, Atiur Rahman, who resigned from his post after the theft, said that the loss had been a “systemic failure” and that “Bangladesh should not be blamed for something going wrong in the chain.”
In particular, he blamed the Federal Reserve Bank of New York, whereBangladesh’s central bank had placed the money…
Former Bangladesh Bank Chief Blames Global System for Theft
