Youths accused of stealing gold, cash from ex-boss

Two youths were on Tuesday remanded to prison after facing a charge of stealing over $1.3 million in raw gold and cash from their former boss.

Kadeem Bailey, 19, of Lot 142 Shell Road, Kitty, Georgetown, and Malcom Payne, also 19, of Lot 210 Haslington Housing Scheme, East Coast Demerara, were arraigned before Chief Magistrate Ann McLennan, who read to them a joint charge of break and enter and larceny.

It is alleged that on February 19th, at Uewang Backdam, Potaro River, they broke and entered the dwelling house of Kennard Dhanraj and stole 3 ounces, 14 pennyweight of raw gold, valued $1,162,000, a gold band, valued $30,000 and $123,000 in cash, which were all the property of Dhanraj.