Attempted murder accused businessman fined $1.2M over illegal fuel

Just days after being committed to stand trial for two counts of attempted murder, businessman Dereck Jaisingh was fined $1.2 million in total after admitting to being in possession of illegal fuel.

Jaisingh pleaded guilty to three charges yesterday at the Providence Magistrate’s Court.

It was alleged that on November 12, 2012, on the East Bank Demerara, he was in possession ofillegal petroleum, he stored petroleum without a licence in vehicle GHH 350, and he unlawfully possessed a fuel marker.

Dereck Jaisingh
Dereck Jaisingh

He pleaded guilty to all three charges.

Magistrate Leron Daly fined him $500,000 with an alternative of a custodial sentence of six months in prison for possession of illegal petroleum; $500,000 with an alternative of six months in prison for the storage of petroleum without a licence; and $200,000 with an alternative of six months in prison for the unlawful possession of a fuel marker.

Additionally, his vehicle GHH 350 was seized.

Jaisingh was recently committed to stand trial in the High Court for the attempted murder of Welton Edwards, 50, and Sherwin Hamilton, 40, whom he allegedly shot on November 2, 2014, at Land of Canaan.