Third bank looted in Kashmir since demonetisation, Rs 11 lakh stolen

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Srinagar, December 15

 

Some unidentified gunmen barged into a bank on Thursday in south Kashmir located Pulwama district and looted it. In the past two months time, this is the third such instance.

According to the preliminary reports, a group of suspected militants barged into a branch of the Jammu and Kashmir Bank in Pulwama’s Ratnipora area and looted the money at gunpoint.

The cops have not yet confirmed about how much amount was looted by the militants. However, if sources are to be believed, more than Rs 10 lakh might have been taken by the gunmen along with them.

There has been a sudden spurt in the attacks on banks which coincide with the move to demonetise the notes by the central government. Earlier, on December 8 and November 21, gunmen had looted two banks in Budgam and Pulwama districts respectively.

An amount of nearly Rs 21 lakh was looted from these banks back then including the currency in old denominations of Rs 500 and Rs 1,000. One of the aims behind the move of demonetisation announced by PM Modi was to stop the money from being used for terrorism.

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