PESHAWAR, May 21: Armed men broke into a bank in Malak Nadeem Plaza located at Dalazak Road on Monday morning and decamped with about Rs0.7 million and a laptop, a source said.

A bank source said two dacoits in the garb of customers entered the MCB branch at 10am, followed by two of their accomplices who overpowered the security guard at the main gate.

The source said the robbers came on a white car parked outside the bank. He said the robbers collected the cash from the counter and decamped, also taking with them the pistol of the security guard.

The source the cash was limited as business activities had not yet picked up. However, the bank’s manger Saeek Khan in his report to investigators at the Paharipura police station said that the dacoits had looted Rs651,000. He said that the bank staff had been made hostage at gunpoint. He said that five armed men were involved in the crime, who could be identified if presented to the staff.

The police said that efforts were made to identify the robbers trough the close circuit television cameras.

Opinion

Editorial

Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...