Valenzuela firm loses payroll money to 6 motorcycle-riding men

A rubber manufacturing firm lost P.4-million payroll money to six motorcycle-riding men in a daring morning robbery yesterday in Valenzuela City.

Superintendent Billy Beltran, Valenzuela City police chief, said the payroll heist pulled on Johnson Manufacturing Co. on Vicente st. in Barangay Karuhatan, occurred at around 10:10 a.m.

Beltran said the armed suspects flagged the company’s service vehicle, a white L-300 van, with license plate WTG-709, as it slowed down on Karuhatan Road due to traffic.

Two of the suspects, pointing their pistols at the vehicle’s driver and passenger, approached them and demanded the cash.

When the armed men got hold of the money, they fled toward two waiting motorcycles, with their companions.

Beltran said the victims had just withdrawn the money from PCI Equitable bank branch in the area for the weekend salaries of the rubber firm workers.

Chief Inspector Danilo Bugay, head of the Valenzuela City police Station Intelligence and Investigation Division (SIID), has ordered a follow-up investigation on the case. – Pete Laude, Jerry Botial