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Swift quick to dismiss Bangladesh’s allegations over cyber fraud scandal

May 12, 2016

A few months ago, hackers stole more than $100 million from the country’s foreign currency reserves. In the ensuing furore, the head of Bangladesh’s central bank, Atiur Rahman, resigned; and Bangladesh’s government publicly blamed the Federal Reserve Bank of New York for not spotting the suspicious transactions earlier.

In light of this blame game Swift has also come under attack from Bangladesh.

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