A man in India lost his life savings after termites infested his bank's safe deposit boxes and ate his paper notes, the BBC reported.
Dwarika Prasad had deposited currency notes and investment papers worth tens of thousands of dollars in a bank safe in the state capital Patna. The bank says it put up a warning about the termites. Prasad says he did not see it in time because he did not go to the bank for months.
Bank officials admit they did not inform the customers individually about the termites.
Prasad said he didn't go to the bank for months, and when he did, on Jan. 29, he opened it to find nothing but termite dust and chewed up paper.
"The bank is not liable for the deposits kept inside the safe as it is only when a locker is found broken that the bank is answerable," said bank manager YP Saha.
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Source: BBC
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