A gold dealer was yesterday charged with defrauding a local commercial bank of a total of $956 million.
Six charges were read to Saddiqi Rafeek Mohamad Rasul, 34, of Prashad Nagar, who was granted his release on $3 million bail after he appeared before Chief Magistrate Ann McLennan in a Georgetown court.
It was alleged that between March 21 and March 22, at Bartica, with intent to defraud, Rasul obtained from Guyana Bank of Trade and Industry (GBTI) $96 million, $290 million, $89 million, $45 million, $298 million and $138 million by falsely pretending that he had