The armed robbers were said to have also shot one of the old generation bank workers in the arm in the operation that lasted for over one hour.
An eyewitness had it that the robbers stormed the bank which was located close to the Alawe’s Palace at about 2.45 pm and had field day throughout the period.
The bank’s security door was blasted with dynamite by the robbers before gaining entrance
A blue colour Toyota Camry car parked within the vicinity of the bank was also blew up by dynamite detonated by the robbery gang as they made away with unspecified amount of money.
Confirming the incident in a telephone chat, the Alawe of Ilawe-Ekiti, Oba Adebanji Alabi, expressed shock at the incident.
He said the robbers turned his domain to a warfront by firing dynamite and grenade which caused panic and paralyzed business, traffic and other social activities.
Oba Alabi said: “It was a terrible experience; my palace is very close to the bank. It was terrifying, it was like a warfront. They kept detonating grenades during the attack.
“I was in the palace during the robbery, the attack happened less than an hour after a bullion van delivered cash to the bank.
“We have been in touch with the governor and the state police command.”
Efforts to get police reaction on robbery were not successful as of the time of filing this report.