Rs 380 million worth gold and cash looted from bank inside Parliament

Kathmandu – During the Gen Z protests on September 8 and 9 , nearly Rs 380 million worth of gold and cash was looted from the Rastriya Banijya Bank branch located inside the Parliament building. Nepal Rastra Bank Governor Dr. Bishwanath Paudel confirmed the incident, stating that Rs 50 million in cash and 18 kilograms of gold were stolen.

According to Governor Paudel, the branch experienced a “serious burglary.” He personally inspected the site on September 11 after the protests subsided. Initial investigations revealed that lockers inside the branch had been broken open to steal the cash and gold.

So far, no suspects have been arrested. Nepal Rastra Bank and police are reviewing CCTV footage to identify those involved. Governor Paudel explained that although protesters did not specifically target banks, the Parliament branch became vulnerable due to its location.

Rastriya Banijya Bank CEO Devendra Raman Khanal said the investigation is in its final stage and that an official report on the scale of loss will be made public soon.

Preliminary data from the Bankers’ Association and Nepal Rastra Bank shows that 68 bank branches and 69 ATMs across the country were damaged during the protests. However, the Parliament branch is the only one where a large amount of gold and cash was confirmed stolen.