5 of History's Biggest Bank Robberies, Netting Millions of US Dollars
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The attempted bank robbery in Cilandak, South Jakarta, on Tuesday (April 5, 2022), committed by an HRD head of a bank, has drawn public attention.
Economic hardship and the desire for instant wealth motivated the individual to commit the criminal act of robbing a bank. Indeed, several banks worldwide have suffered losses of millions of US dollars due to the largest bank robberies in history.
Based on information from moneywise.com, here are the 5 largest bank robberies in history:
1. Central Bank of Iraq (2003) – US$920 million (Rp13.21 trillion)
2. Bank Dar Es Salaam (2007) – US$282 million (Rp4.05 trillion)
3. The Knightsbridge Security Deposit (1987) – US$97 million (Rp1.39 trillion)
4. The Securitas depot (2006) – US$83 million (Rp1.19 trillion)
5. The Banco Central (2005) – US$71.6 million (Rp1.03 trillion)
The largest bank robbery in history occurred at the Central Bank of Iraq, located in Baghdad. The amount of cash stolen reached US$920 million, equivalent to Rp13.21 trillion. This robbery occurred on March 18, 2003, before the US invasion and was ordered directly by Saddam Hussein, the then-president of Iraq.
He ordered his son to withdraw approximately Rp13.21 trillion in cash from the Central Bank of Iraq just hours before the first bombs fell on Baghdad. The money was transported in three trucks and was allegedly used by Saddam Hussein and his associates to flee the US invasion.
(Read More: 5 Largest Money Laundering Cases in the World)
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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