All charges dropped against two in NBS $69M fraud

Years of drawn out court proceedings came to an end yesterday for two former employees of the New Building Society (NBS) when two fraud charges against them were discharged even as five others face a third.

Former Director/Secretary Maurice Arjoon along with Amarita Prashad were freed of the allegations by Magistrate Fazil Azeez around 9:45am, on the grounds of insufficient evidence.

The other defendants Kissoon Baldeo,  Kent Vincent,