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Siu Sai Wan Estate in Chai Wan, near the bank where the incident was reported to have occurred. Photo: Handout

Employee accused of stealing HK$1 million from safe in Hong Kong bank arrested

Manhunt began after police notified by colleague who was suspicious of suspect’s absence from work

A citywide manhunt for a Hong Kong bank employee suspected of stealing HK$1 million (US$127,900) in cash from a safe ended with his arrest late Wednesday.

For much of the day, however, the 29-year-old man who worked at the Siu Sai Wan branch of the Bank of Communications in Chai Wan was on the run.

The search began after his colleague made a police report at about 9.30am.

“The informant called police saying he suspected the man stole HK$1 million in cash from the bank’s safe,” police said.

The suspect is one of the staff members at the bank holding the keys to the safe.

Hong Kong man finds safe containing valuables worth HK$800,000 stolen from Tsim Sha Tsui flat

A police source said the man was absent from work on Wednesday and that officers raided his home but failed to find him.

On Wednesday night, the suspect was detained at North Point police station. Crime squad officers from the Eastern police district were handling the case.

According to official statistics, officers handled 23,806 reports of theft across the city last year, a 7.1 per cent dip in the number of cases compared with 2016.

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