Minibus driver on bail over embezzlement of $3M in raw gold

A 37-year-old minibus driver was yesterday placed on $300,000 bail after he appeared before the Georgetown Magistrates’ Court to answer the charge of fraudulent misappropriation.

It is alleged that between December 11-12 at Lethem, the virtual complainant (VC) Mark Macall entrusted to the accused Suresh Ramnanan 386 grams of raw gold (equivalent to in excess of $3M) which he fraudulently converted  to his own use and benefit.

Ramnanan, a father of two who resides at Lot 21 Plantain Walk, West Bank Demerara, was not required to plead to