Maoists rebels loot Indo-Nepal bank | Latest News India - Hindustan Times
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Maoists rebels loot Indo-Nepal bank

PTI | ByPress Trust of India, Kathmandu
May 09, 2004 08:16 PM IST

Suspected Maoist rebels today looted Rs 40 lakh from a regional branch of the Everest Bank Ltd, an Indo-Nepal joint venture.

Suspected Maoist rebels today looted Rs 40 lakh from a regional branch of the Everest Bank Ltd, an Indo-Nepal joint venture at Janakpurdham in the Himalayan Kingdom's Dhanusha district.

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A group of 10 to 12 people entered the bank at Janakpurdham, near the Indo-Nepal border and 380 km south-east of captal Kathmandu, at about 11 am and looted the cash from the safe vault at gun point, Assistant General Manager of the Bank Ajaya Shukla said.

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The police are suspecting Maoist hand in the incident.

No one has so far been arrested in connection with the robbery at the bank, a joint venture with the Punjab National Bank of India.

The security forces have launched a haunt for those involved in the looting.

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