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Staff blamed as termites eat £137,000 worth of notes

April 28, 2015

banking

Staff who work at a bank in India, in the state of Uttar Pradesh have been blamed for termites eating around 10 million rupees worth of bank notes from a safe. The staff have been found guilty of laxity.

Because the staff (and the termites) have been blamed for the loss of money, there will be no loss to the public. Also because a large number of the identity numbers were still intact on a number of the notes, it meant they could be replaced.

Cash is now to be checked every two months if it is stored in a strongroom to ensure that this does not happen again.

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