Gunmen dressed as policemen on Wednesday stormed the Rivers State University and broke several Automated Teller Machines (ATMs) belonging to a new generation bank, carting away over N20m.

A witness said the five-man gang ordered the varsity security guards on duty to open the gate, as they headed straight for the bank, which was near a park in the institution.

According to an eyewitness, the hoodlums tied up shuttle drivers who slept at the park as well as the security men guarding the facility.