Rs 1 Crore, huge quantity of gold found looted in Churachandpur Axis Bank

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File photo: PhualvaTimes

Churachandpur: A Churachandpur Axis Bank branch located at Teddim Road and Thangzam Road’s junction was found looted on Monday by staff of the bank after it reopened for the first time since conflict erupted on May 3 in Manipur.

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A hole was found drilled, believed to be the entry point, in the rear side of the bank’s concrete building by unidentified looter(s). The two story building houses different shops, including an Airtel outlet.

Staff of the Axis bank said the branch manager was not present and that they had very little knowledge about the theft.

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Reliable sources said that over Rs 1 crore in cash and a huge quantity of gold was found looted on the opening day of the bank today. The front bank door lock was found intact.

Sources also told this reporter that the bank is filling an FIR at the Churachandpur Police Station in relation to the theft case. The Axis bank higher authority have also taken the case in regards to the theft incident for further investigation.

It may be mentioned that a SBI Churachandpur branch was robbed in September 2020. The SBI approximately lost Rs 1.15 crore in the robbery.

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