BB trashes reserve heist report as ‘absolute fake’

Bangladesh Bank (BB) has rejected a report published by an Indian news outlet regarding a “new reserve heist” in Bangladesh, stating that it is “absolute fake news”.

“An Indian newspaper runs news on a new reserve heist of Bangladesh. This is for information to all that it’s an absolute fake news. We have a three tier confirmation policy with the Fed (the Federal Reserve Board of the US) now and have regular reconciliation of transactions,” BB Executive Director and Spokesperson Md Mezbaul Haque said in a statement issued on Tuesday.

Source: BSS