Termites eat away 10 million Indian rupees kept in a bank

April 25th, 2011 - 9:56 pm ICT by Aishwarya Bhatt  

New Delhi, April 25 (THAINDIAN NEWS) The State Bank of India has lost 10 million rupees to termites. The insects ate the money which was kept in the vault at the bank. It is not clear how the creatures managed to get into the steel safe but the bank has acknowledged responsibility for the incident.

The incident took place at the branch of the bank located in the northern part of the country. The local police at the Indian town of Arthur where the incident happened have commenced investigation into the incident. At the center of the investigation is how the insects got into the safe and destroyed so much currency notes without anyone realizing it in time.

The damaged notes were discovered on the 19th of April by the officials of the bank. The manager of the bank revealed that termites have been a problem for the bank because it is housed in a wooden structure.

The general manager of the bank, Abhay Singh, assured the public that since the bank has accepted full responsibility of the mishap, the losses will not be extended to the public. The police investigation into the incident continues.

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