Bangladesh bank chief to quit amid $100 mln hacking scandal

Staff Writer
Columbus CEO

NEW DELHI (AP) — The head of Bangladesh's central bank says he is resigning after hackers managed to divert $101 million from the country's account with the Federal Bank in New York.

Bangladesh Bank Governor Atiur Rahman told reporters Tuesday he was ready to quit after seven years in the post.

He said he is waiting to hear if the prime minister would accept his resignation.

The finance minister is expected to make a public statement later Tuesday. Last week he said Bangladesh was considering suing the U.S. bank over the loss of the funds, which are thought to have been transferred to the Philippines and Sri Lanka.

The New York Fed said it was working with Bangladesh Bank to resolve the case but saw no evidence its own systems were compromised.