Iloilo bank loses P1-M in robbery

Injured Killed
0 0

Date: 18 June 2010
Source: http://www.abs-cbnnews.com/nation/regions/06/18/10/iloilo-bank-loses-p1-m-robbery

MANILA, Philippines – Bank robbers seized more than P1 million in cash in a daring bank heist in Jaro District, Iloilo City Friday morning.

Police said 2 men posing as depositors entered the Barotac Viejo Rural Bank at MV Hechanova past 9 a.m. The two then poked guns at the bank tellers and announced a holdup.

The two assailants handcuffed one of the bank employees before carting away more than P1 million in cash from the bank. A cashier said the two suspects were about 25 years old and had medium build.

Police launched a hot pursuit operation but failed to find the robbers who fled onboard a motorcycle.

Authorities have launched an investigation of the incident.