According to reports Manager has given the cash bag amounting to Rs. 1.4 million (Quoted as Rs.2.2 million in entries to investigators after the incident) to an employee to keep it in safe and later that evening the same employee has broken into the place and stolen the money.
However it has been later revealed to investigators that Manager and few staff members have been rolling nearly Rs.800,000/- by giving on several loans to connected parties without records in the books of company and further after the robbery Manager of the branch had purposefully increased the lost amount by Rs.800,000/- although the actual lost amount was nearly Rs. 1.4 million.
According to investigators the company officials have been pressurising to 'White Wash' Commercial Credit Branch Manager amidst his white collar crime on taking out Rs.800,000/- out of company accounts to privately lend to customers.
Investigators are further looking in to whether the robbery was too committed by Manager's know how with the alleged employee whilst Manager is being jailed.