Bandits on Wedensday killed two Finance Bank employees and stole K1 billion which was being transported from Mongu to Finance Bank Kaoma branch.
According to Police spokesperson, Bonny Kapeso two police officers who escorted the crew were wounded and are admitted at Kaoma District Hospital.
Mr Kapeso said the bandits waylaid the motor vehicle on the Mongu-Kalabo Road at Namaseche area, 20 kilometres west of Kaoma Boma where they opened fire causing the motor vehicle to overturn.
He said the incident happened around 13:00 hours and only K41 million was recovered at the scene of the crime.
He said the two Finance Bank employees were killed on the spot and two hand grenades were found at the scene. The bandits were suspected to have used military firearms.
He said the bandits were on foot and police have launched a manhunt of the bandits.