This is coming barely one month after another dare-devil armed robbery gang raided some banks along 4th Avenue, FESTAC town, carting away huge sums of money.
The armed robbery gang numbering about 20, including some females, was said to have stormed the area about 7am and in gestapo style robbed six banks located within the industrial area.
Dressed in military camouflage, the heavily armed gang held sway in the area for over three hours, at the end of which five people were killed and several others sustained varying degrees of injuries.
The robbers who arrived Agbara in two speed boats were said to have hijacked two vehicles- a Sports Utility Vehicle and a bus, and rode right through Agbara market to Bank Road, which was their target.
At each bank, the gang, despite not meeting any resistance, blew open the doors and the volts with dynamites and packed their loot in their millions after holding the staff of the banks hostage at gunpoint.
To ensure that no rescue operation would be carried out, the gang stationed some of their members at the two entry and exit points to the road, while a police armoured personnel carrier in the area was riddled with bullets.
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