Cops probing Yokohama Manager robbery, suspect inside job

The police have launched an investigation into Thursday evening’s attack on Yokohama Trading Manager, Deepak Balradj who was robbed of $1.4M in what is suspected to be an inside job.

A police source yesterday told Stabroek News that while no arrest has yet been made, the police have been working closely with Balradj as they continue to probe the incident.

The police have received conflicting reports in relation to what transpired.

At the time of the incident, Balradj was in the company of Davendralall Ramlall.

The incident unfolded around 7.10pm after Balradj left his head office in Kingston and drove east along Middle Street, turning right onto Carmichael Street. It was then that the two men armed with guns pounced on the car.

The police had said that Balradj was in the company of Ramlall when a silver-coloured Premio, drove past them and blocked their path.

The bandits then exited the car and approached Balradj’s vehicle, PVV 7514 and started to shoot at the car.

In a bid to dodge the bullets, Balradj reversed and crashed into PSS 77 that was approaching Middle and Carmichael streets.

After coming to a stop due to the crash, the bandits then confronted the victim and relieved him of $1,462,000 cash that was in his pockets and glove compartment. They escaped south on Carmichael Street.

One 9mm spent shell was recovered at the intersection of Carmichael and Middle Sts and one .380 live round was found on the floor of the victim’s car.

The company was faced with a similar experience during November last year when armed bandits stormed their head office in Kingston and held up employees at gunpoint before escaping with over $17M in local and foreign currencies.

In this incident too, the police had suspected an inside job.

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