An Anna Catherina, West Coast Demerara money changer was robbed of $400,000 in local and foreign currencies yesterday morning while plying his trade on Water Street, in Georgetown.
Wazir Khan, 57, of Middle Walk, Anna Catherina, was robbed around 8.10 am yesterday by two men, one of whom was armed with a handgun.
Sunday Stabroek was told that Khan was plying his trade along Water Street, as is customary, when he was approached by the suspects. The armed bandit allegedly pulled out the firearm from his waistband and held Khan at gunpoint while demanding that he hand over the cash.
However, Khan did not comply and instead threw the cash a short distance away. The men then picked up the cash before escaping in the vicinity of the Route 45 bus park.
No shots were fired during the incident.
Investigators have since obtained several statements from witnesses and a search is ongoing for the robbers.