Robbers cart off RM500,000 in robbery outside Penang bank

The suspects had waited on a motorcycle for the two armoured vehicles to arrive outside the bank at about noon and struck when three security guards were carrying two bags of money into the bank.

The pillion rider had aimed a revolver at the guards who dropped the bags - containing RM500,000 and RM300,000 - they were carrying on the ground. The robbers quickly picked up one of the bags and rode off.