City businessman busted with millions in local & foreign currency; drugs, contraband liquor

A 30-year-old businessman in Georgetown, his wife, mother-in-law and the wife’s 18-year-old cousin are all in police custody following the discovery of millions of dollars in local and foreign currency, about five pounds of marijuana and cases of ‘un-customed’ alcohol at their East Street North Cummingsburg house on Wednesday.

Police Headquarters reported that a party of policemen from the Criminal Investigations Unit (CID) executed a search warrant on the property between 14:30 hrs and 15:30 hrs.

They found the currency in the man’s bedroom: $2,508,370; US $75,697; SRD $4,664; EURO $6,145.00; BAJAN $19; CAD $40; T&T $171; Bs (Venezuelan) $100 and BZD $100.

A further search was conducted in the bottom flat in a locked and secured room and investigators found a quantity of “un-customed” liquor – 24 bottles Double Black; 16 bottles Johnny Walker Black; 11 bottles Jack Daniels Whisky; two bottles Merry Irish Cream Liquor;16 cases Budweiser Beer (24 bottles each); one case Red Bull Energy Drink (24 tins); and 47 boxes disposal latex gloves (100 each).

According to the police, a small blue and white cooler with the businessman’s logo was seen on top of a cupboard. Same was retrieved and searched in the businessman’s presence and the police found a black plastic bag containing two parcels wrapped with transparent plastic.

The content was probed in the businessman’s presence and found to be suspected cannabis.

The man and his family were escorted to CID headquarters and in their presence, the suspected drug was weighed and amounted to 2.030 kgs (2 kilos, 30 grams).

The contraband, narcotics, cash and other items were lodged with the custodian of the Property Room.

On the said date, about 16:30 hrs, the same ranks executed a second search warrant at Providence, East Bank Demerara at another property owned by the businessman.

During the search, three DVRs were confiscated from the property and lodged with the custodian of the Property Room to be processed.

Investigations are ongoing.