Former Hand-in-Hand clerk charged over $14M fraud

A man accused of stealing $14 million from the Hand-in-Hand Group of Companies was yesterday placed on $500,000 bail when he appeared before Chief Magistrate Priya Sewnarine-Beharry. Floyd Allen, 24, of lot 927 Cummings Lodge, East Coast Demerara, pleaded not guilty to the charge when it was read to him at the Georgetown Magistrates’ Court.

It was alleged that between March 31, 2012 and February 12, 2013, being employed as a clerk, he stole the sum of $14,100,000 from Hand-in-Hand Group of Companies.

Attorney Peter Hugh who represented Allen said that his client currently works at Wartsilla, has