Trinidad and Tobago: Two men and a woman, charged with a total of 67 counts of Money Laundering, were granted bail totaling $2.1 million dollars by a Justice of the Peace (JP).
AMELIA MAHARAJ was charged with 48 counts of money laundering and one count of conspiracy to defraud a financial institution. The court has granted bail to her in the sum of $900,000.
TERRANCE SANKAR was charged with 14 counts of money laundering. The court has granted bail to him in the sum of $800,000.
RAKESH RAHIM was charged with five counts of money laundering. He was granted bail in the sum of $400,000.
The three accused are expected to appear before an Arima Magistrate on September 13th, 2022. These charges occurred from activities during the period Thursday, May 9th, 2019, to Tuesday, August 13th, 2019, where a former female employee of a financial institution allegedly processed several transactions totalling $530,000 from a customer’s account without authorization.
Police have given the report of the incident, and investigations were conducted by the Financial Investigations Branch.
The trio were charged pursuant to advice received from the Office of the Director of Public Prosecutions.
The investigation was spearheaded by Senior Superintendent Wendell Lucas, supervised by Woman Inspector Mc Kenzie, Sergeant Samuel and Legal Counsel Cpl Mings and included several other investigators of the Branch. Charges were laid by Financial Investigator PC Alexander.