Armed robbers laid siege on the 4th Avenue of Festac town, storming Diamond and Access banks in the area.
Hours after the dare-devil armed robbery gang numbering over 40 robbed both banks, the Area E Command said that they tried their best despite being at a disadvantage numerically.
The Area E Commander, ACP Frank Mba, said they recovered about 27million from the robbers, who were forced to drop the stolen money before they fled.
He also said they recovered about 240 rounds of AK47 live ammunition, adding that the money has been deposited at another branch of Diamond Bank, still in FESTAC Town.
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