Man charged with theft of $1m in gold from Troy Resources

A Troy Resources Incorporated worker was on Friday charged with stealing in excess of $1 million worth of raw gold from his employer.

The allegation against Kevorne De Freitas, 28, is that on August 24th, 2018, at 14 miles Mazaruni River, he stole 114 pennyweights of raw gold, valued $1,390,000, belonging to Troy Resources Incorporated.

De Freitas denied the charge after it was read against him in Georgetown.

Police Prosecutor Gordon Mansfield had no objections to bail but asked that conditions be attached and that the defendant lodges his passport with police.

Police allege that on the day in question, acting on information received, they went to DeFreitas’ living quarters and conducted a search where they uncovered the stolen raw gold in a multicoloured haversack.

According to the prosecutor, when  questioned by the police, De Freitas admitted to the offence, while stating “officer is a lil hustle I trying to make.”

Chief Magistrate Ann McLennan granted De Freitas his release on $200,000 bail.

The matter has been adjourned until September 14th, when it will be called at the Bartica Magistrate’s Court.