MZUZU (MaraviPost) — Police in Malawi’s northern city of Mzuzu have recovered about K500 million armed robbers stole from Mzuzu Standard Bank Wednesday night.

While confirming the robbery, Mzuzu Police spokesperson Maurice Chapola declined to give more details regarding the stolen money.

The robbers are said to have used an employee of the bank to beat the security system.

According to sources, the robbers went to the employee’s home within the city and forced him out of his house at gun point to lead them to the bank using his Standard Bank branded vehicle.

After unsuspecting security personnel opened the gate for the vehicle, the robbers, clad in black suits, forced them including yet to be identified employee to lie down.

The employee, said to be ATM and Assets Manager for the bank, then led them to where the targeted money was kept.

“They loaded the money in the vehicle and on their way out they bumped into some police officers, who out of suspicion, started chasing them until the robbers abandoned the vehicle with the money in Mzimba,” said the source.

The robbers, who are still large, are believed to have escaped to Zambia. Mzimba is bordered with Zambia.

Chapola, however, admitted that this was the first robbery incident to involve large some of money in the history of Malawi.

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