Rs 140 million stolen from bank in Rawalpindi

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A state-run bank was robbed by armed men, who managed to escape with Rs 140 million in cash and gold, reported local news sources.

According to the details, the robbers looted bank lockers after disconnecting CCTV cameras and additional security switches at the bank. They used machines and cutters to break into the lockers.

The police have taken two of the bank’s private security guards into custody for investigation purposes after the robbery, which is being termed as the single largest heist in the city mainly occupied by the military.  A first information report (FIR) has been filed as well.

Earlier, 10 bandits disguised in army uniforms allegedly looted currency worth Rs33 million from a money exchange, Sky Exchange, located at the Motorway. The group of robbers attacked his money-carrying van near the old Islamabad toll plaza and took off with the cash.

Sky Exchange owner and director Sheikh Tasawwar Hussain while speaking to a local news source, said that his staff – comprising two guards, a cashier and a driver – was transporting the cash from Haripur to Rawalpindi in the van when they were fooled by the disguised robbers who stopped the vehicle and forcibly drove it to Hassanabdal where they looted the money on gunpoint.

Afterwards, they dropped each of the four staff members at different locations in Hassanabdal. The van was found abandoned near Rashakai interchange in Khyber Pakhtunkhwa (KP).