Bank customers engaged in panic cash withdrawal on Wednesday following an armed robbery attack on three commercial banks on Tuesday in Iwo, Osun state which left 4 policemen and one of the robbers dead.
This is just as the monarch of the town has promised a handsome reward for whoever has information that can lead to the arrest of the armed robbers.
The armed robbery attack on the 3 commercial banks along Bowen University road, Iwo was said to have been carried out the same time the divisional Police Headquarters in the town was attacked.
Tuesday’s attack has forced the 3 commercial banks along the corridor to close for business after an undisclosed amount of money was carted away.
Customers besieged the banks’ Automated Teller Machines on Wednesday to make panic withdrawal.
The armed robbers are still at large and the banks are already counting their losses.
TVC News learnt that a similar incident some years ago forced another commercial bank out of the town.
Residents want security to be tightened in the area.
The traditional ruler of Iwoland, Oba AbdRasheed Akanbi is adopting the whistle blowing formula for possible arrest of the criminals.
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