La Grange man tried to smuggle over $7M in raw gold out of country

A La Grange, West Bank Demerara resident was yesterday granted his release on $200,000 bail after he denied a charge of attempting to export over $7 million in raw gold without a licence.

Vibert Marks, of Lot 95 Independence Street, La Grange, appeared before Chief Magistrate Ann McLennan and pleaded not guilty to the charge.

It is alleged that on November 18th, at the Cheddi Jagan International Airport, Timehri while not being a producer and without an export licence, he was found in possession of raw gold, weighing 974.13 grammes, valued $7,332,416.