America has Wall Street executives, India has...

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India bank termites eat piles of cash

Staff at an Indian bank have been blamed for allowing termites to eat their way through banknotes worth millions of rupees.

Staff at the bank, in the state of Uttar Pradesh, are reported to have been found guilty of "laxity".

The insects are believed to have chewed their way through notes worth some 10 million rupees ($225,000/£137,000).

A similar incident happened in 2008, when termites in Bihar state ate a trader's savings stored in his bank.

The State Bank of India says an enquiry into the latest incident has been held.

"At it was the bank's fault, it will bear the loss caused due to termites... there will be no loss to the public."

Ms Singh said that directives had now been issued to all branches that stored currency in strongrooms to ensure that the condition of the cash is checked every two months.
http://www.bbc.co.uk/news/world-south-asia-13194864

This incident could result in some peculiar phone calls. "I'm sorry sir, the termites ate your money."
 
10 million rupees :O OMG!

*reads on*

Oh.. £137,000.

Shouldn't be laughing at this but it's kinda funny (the termites thing).
 
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