Karnataka: Man Sets Bank On Fire As Loan Rejected

In a shocking incident, a man allegedly set a bank on fire in Karnataka as his loan application was rejected.

In a shocking incident, a man allegedly set a bank on fire in the Haveri district of Karnataka on 9th January 2022. The man was upset over the rejection of his loan application and set the building ablaze. The accused has been identified as Wasim Hazaratsab Mulla.  According to the police reports, the accused had approached a Canara Bank branch and submitted an application to secure a loan. He had approached the branch at Hedugonda village. The bank later rejected his application as his CIBIL score was low and denied the loan after the verification of documents. Angered by the bank's decision to reject his loan application, the accused reached the bank’s branch late on 9th Jan night and broke open a window. The accused then spilled petrol inside the bank’s office and then set it on fire. The villagers saw smoke coming out from the bank and rushed to the spot. They called the fire brigade and also caught the accused and handed him over to the police. The police informed that the blaze caused damage worth Rs 12 lakh including  computers, fans, lights, cash counting machine, passbook printer,  documents, CCTVs, and cash counters, which were all destroyed. The accused was arrested and a case was registered at Kaginelli police station

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