6 Sri Lankans banned from leaving after Bangladesh bank hack

Staff Writer
Columbus CEO

COLOMBO, Sri Lanka (AP) — A Sri Lankan court has banned foreign travel by six people whose foundation allegedly received some of the money stolen in a $101 million hacking from Bangladesh Central Bank's account at the Federal Reserve Bank in New York.

Colombo chief magistrate Gihan Pilapitiya ordered the immigration and emigration chief to prevent six Sri Lankan directors of the Shalika Foundation from leaving the country after the police informed courts that the foundation had been remitted a portion of the stolen money.

The police reported to the court that the foundation received $19,999,977.50 on Feb. 4. A private bank where the foundation had an account alerted the Bangladesh Central Bank about the remittance and returned the money.