Iraqi gunmen seize over $875,000

Gunmen stole at least 1

Gunmen stole at least 1.25 billion Iraqi dinars ($875,000) in cash in the second major heist in central Baghdad in ten days, police said today.

The gunmen, some wearing police uniforms, took the money from Industry Ministry employees who were picking up money for salaries from a bank in the Karrada district of Baghdad this morning.

An Interior Ministry source said the gunmen stormed the bank and took as much as 2 billion dinars ($1.4 million). There were no injuries reported in the robbery.

Last week gunmen wearing Iraqi army uniforms ambushed a security vehicle transporting money to the Central Bank and made off with $1 million in cash, police said.

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Four private security guards were kidnapped in the daylight robbery in busy Sadoun Street in central Baghdad.