I think the reduction to the hydroxide is not possible using formic acid (cyclic transition state via Leuckart). Otherwise I wonder how elimination of a primary amine should work under these conditions. Also a strong acid is missing for step 2 of the Leuckart reaction.
Formic acid is a polar solvent & stronger acid. As you are heating at a higher temperature 160 deg. hydrolysis is possible catalyzed by acid with the formation of the formic acid & ammonia.
Accordng to this https://en.wikipedia.org/wiki/Leuckart_reaction The reaction of a ketone with formamide is possible. As an intermediate one would obtain the formylamine.
What if this "amide-group" is the leaving group? Acid catalysis could be possible...Amide gets protonated, alpha-Proton (in respect to nitrile) dissociates, double bond is formed, formamide is formed as by-product.