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Times of India·3 min read·medium

Nepal floods: Bank vaults full of cash washed away; police struggle to secure them

K
KALYAN DAS
Nepal floods: Bank vaults full of cash washed away; police struggle to secure them
AI Summary

Following devastating flash floods in Nepal, police are working to recover bank vaults containing cash and gold that were washed away. Authorities are also struggling to maintain law and order as some individuals have attempted to loot the exposed vaults.

Why it matters

The incident highlights the secondary humanitarian and security crises that follow natural disasters, complicating recovery efforts for local infrastructure.

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DEHRADUN: Apart from searching for hundreds of people missing in the flash floods, Nepal’s police are facing another daunting task of tracing and securing missing vaults of at least 20 banks washed away in the deluge and preventing them from falling into the wrong hands. Some of these vaults contain huge amounts of cash and other valuables, officials told TOI Monday.DIG Abi Narayan Kafle said that amid the challenging post-flood situation, the force’s first priority is to look for those missing, but at the same time they need to maintain law and order in the affected areas.“There were banks in Rasuwa, Dhading, Chitwan, and other places that were significantly damaged. Many of their vaults containing cash and other valuable items such as gold were either washed away or got buried under heavy silt.

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worldeconomy

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