Standard Chartered Bank

Police offer bank raider reward

PUBLISHED : Thursday, 01 July, 1993, 12:00am
UPDATED : Friday, 08 May, 2015, 5:55pm

POLICE have offered a $25,000 reward for information leading to the arrest of a man thought to have robbed at least 11 Standard Chartered Bank branches in the past six months.

A police spokesman said that in each case, the man handed a slip to staff demanding money and had brandished what appeared to be a pistol.

''In some of the raids the bank managed to provide us with a clear picture taken from security cameras,'' he said.

''Judging from the look and the handwriting on the slips we have strong reason to believe the man was responsible for the series of raids.

''We believe he is in his early 20s, wears spectacles, and is of medium build. Each time he used a pistol-like object to threaten tellers who gave him cash ranging from several hundred dollars to $40,000 at a time.'' Police have repeatedly urged the Standard Chartered Bank to abandon its ''customer-friendly'' open design. But bank officials said that while they would look into security in conjunction with police, they had to strike a balance between customer friendliness and security.

Anyone who knows the identity of the suspect or has any information to offer is urged to call the police hotline 527 7177.