Finance Minister Colm Imbert has described the National Investment Fund (NIF) bond issue as a “tremendous success” stating that the final tally for bond applications was $7.3 billion.
You are here
No bail for men nabbed with $6.2m in ganja
Kevon Saitoo and Dawuud Hood, the two men allegedly held with over $6 million worth of marijuana in 26 crocus bags, were denied bail yesterday.
Saitoo, 35, a security officer of South Oropouche, and Hood, 35, a PH driver of Belmont, appeared before Siparia Senior Magistrate Margaret Alert in the First Court charged with possession of 461.05 kilogrammes of marijuana for the purpose of trafficking. They were not called on to plead to the indictable charge.
The men were arrested around 7.30 am on Tuesday after the police intercepted a white panel van along the SS Erin Road in Santa Flora. It is alleged police found the crocus bags of marijuana in the van. The men were subsequently charged by Sholto Sookram of the Erin Police Station.
The magistrate, along with the accused, attorneys and police officers, viewed the crocus bags of marijuana inside the panel van parked in the courtyard. Prosecutor Sgt Starr Jacob said 25 crocus bags contained 30 packets of marijuana while the other bag had 13 packets. The marijuana, she said, carried an estimated street value of $6,220,040.
Defence attorneys Ramnarine Soorjansingh and Kris Ramlal made an application for bail.
Given the seriousness of the offence, the quantum, weight and value of the drugs, together with the criminal background of the accused, the magistrate said she was not inclined to grant bail, advised them of their right to apply to a judge in chambers and adjourned the matter to March 8.
User comments posted on this website are the sole views and opinions of the comment writer and are not representative of Guardian Media Limited or its staff.
Guardian Media Limited accepts no liability and will not be held accountable for user comments.
Guardian Media Limited reserves the right to remove, to edit or to censor any comments.
Any content which is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will be removed.
User profiles registered through fake social media accounts may be deleted without notice.