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Home National

Man sets bank on fire after his loan application was rejected

by NC NewsDesk
January 12, 2022
in National
Man sets bank on fire after his loan application was rejected

Canara bank, Hediggonda, Karnataka

A 33-year-old man allegedly set on fire a bank office in Karnataka’s Haveri district on Saturday, reportedly after his application for a loan was rejected.

The accused has been identified as Wasim Hazaratsab Mulla, a resident of Rattihalli town.

Reports said Mulla had submitted an application to secure a loan from the Canara Bank branch located at Hedugonda village within the jurisdiction of Kaginele police. The bank rejected his application as his CIBIL score was low.

Enraged over rejection of loan application, Mulla reached the bank’s branch late on Saturday night. He broke open a window and spilt petrol inside the bank’s office. He then set the office on fire. Passersby noticed the smoke and alerted the police and fire service personnel.

The police said the blaze caused damage worth Rs 12 lakh. Five computers, fans, lights, passbook printer, cash counting machine, documents, CCTVs, and cash counters were destroyed.

The accused was arrested and a case was registered at Kaginelli police station under relevant Sections of the Indian Penal Code (IPC).

  • Agencies
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