Armed robbers loot Rs 1 million from NBL branch in Kathmandu

May 28, 2006
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A group of armed robbers looted Rs 1 million from Nepal Bank Limited’s branch office in Chhetrapati, Kathmandu, Sunday afternoon.

Police said the robbers who came on motorbikes took the security guards under control at gunpoint and got away with the cash at around 13:00 p.m. The robbers were brandishing pistols.

Acting manager of the Bank, Kumar Prasad Sharma, confirmed to Nepalnews that five looters got away with Rs 1 million after taking the guards and other employees under control by showing pistol.

He added that though he tried to resist the looters grabbed the amount from the cash counter.

Police said one person has been arrested with Rs 1 million from the area but it is not confirmed whether the man was involved in the robbery and added that hunt for the robbers was underway.