Man sets bank ablaze in a Karnataka district after his loan application was rejected


BENGALURU, JANUARY 10: In a bizarre incident, a 33-year-old man, Wasim Hazaratsab Mulla of Rattihalli town, allegedly set on fire a bank office in Karnataka’s Haveri district on Saturday, reportedly after his application for a loan was rejected.

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 allegedly broke open a window and spilt petrol inside the bank’s office and 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 provisions of the Indian Penal Code.