CB Bank branch in Dagon Myothit (North) robbed

Photo shows CB Bank branch in Ward 35 of Dagon Myothit (North) Township, Yangon. Photo: Pe Zaw
Photo shows CB Bank branch in Ward 35 of Dagon Myothit (North) Township, Yangon. Photo: Pe Zaw

A CB Bank branch in Ward 35 of Dagon Myothit (North) Township, Yangon, was robbed of an estimated K60 million by a masked gunman yesterday morning. He also left a fake bomb behind as he made his escape.
CB Bank’s General Manager Daw Mar Mar Oo said the branch’s head contacted her about the incident, which occurred before opening time, and said no one was injured. They have contacted authorities and the branch was reopened on the same afternoon.
Reportedly, the gunman had all branch employees lie down on the floor as he stashed the money in his black travel bag. He also pulled out two fake bombs and left them at the bank, threatening to trigger them if he was followed. He escaped by driving away in a car that was pre-parked in nearby Annawar lane.
The owner of a motor repair shop nearby, Ko Maung Zaw, said he and the bank’s manager pursued the man on motorbikes but they maintained their distance from the robber’s vehicle as he was supposedly armed. He said they lost sight of his car at a junction.
A bank employee said the robber seemed to have studied the bank for some time, as he was aware of the daily routines of the staff. Police are currently investigating into the matter. —Zaw Gyi (Translated by Zaw Htet Oo)

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