Pakistani and foreign currency worth more than Rs500 million was looted from a private bank branch near I.I Chundrigar Road on Sunday.
| Police have recovered some of the looted foreign currency from the house of a police officer who is also under suspicion of involvement in the robbery. |
Reports suggest that it is the biggest bank robbery in the history of Pakistan. Private security guards hired the bank, are suspected of being involved in the robbery.
However, police have recovered some of the looted foreign currency from the house of a police officer who is also under suspicion of involvement in the robbery.
According to police sources, the license of the private security company has already been cancelled whose security guards are suspected of being involved in the bank robbery.
Police have arrested two accused and further investigation is in progress. It is said that around 80,000 private security guards are hired by various institutions including banks in Pakistan without their proper registration with police.
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