Multi-million-dollar gold heist: $18M recovered; another $40M in cash, gold unaccounted for

Police on Sunday confirmed that a total of $18M has been recovered from the multi-million-dollar gold heist at Wallison Enterprise at Gordon Street, Kitty on Thursday last.

A statement from Police Headquarters noted that the money was found buried at the residence of one of the suspects.

He, along with others, remains in custody as further investigations are being conducted. The suspect is said to be a serving member of the Guyana Defence Force.

Three armed men carried out the robbery on Thursday last, carting off over $38 million in local currency and $20 million worth in raw gold.

Initially, a security guard was arrested and was assisting with investigations.

A police release detailed that a 45-year-old goldsmith and a 20-year-old cashier were at work at Wallison Enterprise, Lot 23, Gordon Street, Kitty, when the bandits entered at 10:05hrs on Thursday.

Police said the three suspects came with a white car and parked it north of the building and entered the compound, through the main gate.

They reportedly indicated to the security guard that they were there to sell gold, before entering.

Police said the armed suspects then entered the waiting area where they spoke to the cashier and showed her a small package, which they claimed contained the gold to be sold.

Immediately after the suspects drew their firearms and ordered her into an office where the money and gold were secured.

The entire incident was captured on CCTV cameras.

Investigations are ongoing.