Acting Top Cop intervened over gold dealer’s ‘unnecessary’ arrest – police

Businessman Saddiqi Rasul, who was charged last month with bank fraud, is still licensed to carry firearms, the Guyana Police Force said last week as it sought to clarify the acting Police Commission-er David Ramnarine’s intervention in his arrest for gun possession.

The force, responding to reports published in the Kaieteur News and the Guyana Times newspapers last Friday, said Rasul is in possession of “several” firearms, which he is licensed to carry.

Saddiqi Rasul

The Kaieteur News report was headlined “Acting Top Cop halts gold dealer’s arrest,” while the Guyana Times report was “Acting Top Cop orders return of high-powered rifles seized at party.”

“The Acting Commissioner of Police, Mr. David Ramnarine, DSM, wishes to categorically state that the two (2) firearms which Mr. Saddiqi Rasul and his Security were found in possession of, are licensed and in fact Mr. Rasul is still in possession of several firearms which he is fully and properly licensed to carry, despite the recent revocation of several licences,” a press release issued by the force on Friday said.

It was pointed out that it would have been a “grave injustice” to allow colleague members of the force to take a course of action on the night in question which may have resulted in Rasul and his Security being kept in custody when in fact it was not necessary. Such an occurrence, the release noted, would have brought the force into “disrepute, for highly unprofessional action.”

According to the release, “there are persons who unfortunately are erroneously informed and mistakenly believe that all the licences were revoked”.

Rasul, the owner of SSS Minerals Trading, was on April 3 charged with six counts of fraud.

It was alleged that between March 21 and March 22, at Bartica, with intent to defraud, Rasul obtained from GBTI $96 million, $290 million, $89 million, $45 million, $298 million and $138 million by falsely pretending that he had cash in a Citizens Bank account to honour corresponding Citizens Bank cheques.

He denied the charges and was granted his release on a total of $3M bail.

Rasul is currently being investigated by the Special Organised Crime Unit (SOCU).