Bizman robbed with P3.9M cash

Two unidentified armed men robbed P3.9 million cash from Chinese businessman in front of a fastfood chain located at National Highway, Barangay Gredu, Panabo City on Friday afternoon, May 17.

Police Regional Office (PRO) 11 spokesperson Police Major Jason Baria said the victim was identified as Liyan Pang, Chinese National, 46, resident of Ladislawa Subdivision, Buhangin, Davao City and owner of Zaza Agri Ventures which office is at 11th floor, Pryce Tower, JP Laurel Ave., Bajada, Davao City.

He said the victim came from the bank after withdrawing. The robbers might have spotted him with the money and followed the victim until they found the chance to rob him.

Police, however, said they are not discounting the possibility that there might be an inside job.

“Tinitingnan din ng investigator kung merong inside job pero sa ngayon nagko-conduct sila ng follow up investigation. Meron na rin din silang update, but we will wait further for the progress report. With regard sa CCTV wala sila makuha since ang CCTV ng Jollibee ay sa loob lang,” Baria said.

He added that after the victim have eaten at a popular fast food chain along with his driver and casher, identified as Cristobal Larosa Matondo and Rizalyn Alameda, respectively, they headed back to their vehicle when two unidentified men pointed a gun at them.

The robbers then forcibly took the gray Adidas pack bag containing more or less P3.9 million. After the incident, the suspects fled to an unknown direction onboard a black Bajaj motorcycle with no plate number.