Second accused in $8.9M theft from mining company gets $150,000 bail

An East Canje man was yesterday released on $150,000 bail after he appeared in the Georgetown Magistrates’ Court charged with stealing over $8M worth of items from his former employer.

Daren Schultz denied the charge against him which stated that between August 17 and 18, he broke and entered the store room of Saif and Samaria El Dorado Mining Company (SSEDMC) and stole a quantity of items amounting to $8.9M in total value.

Schultz’s attorney Konyo Thompson told the court that the defendant is 33-years-old and previously worked with the