Armed bandits snatch $50m in gold, $$ from Kitty business

Wallison Enterprise at Gordon Street, Kitty, where the robbery occurred

Three armed bandits posing as customers yesterday carried out a daring robbery at a Gordon Street, Kitty gold establishment and escaped with over $50M worth in cash and raw gold.

Stabroek News was informed that the bandits entered Wallison Enterprise at Lot 23 Gordon Street, Kitty, Georgetown at around 10.05am.

They escaped with $38M in cash, 60 ounces of raw gold valued $20M and 2 cellular phone valued $360,000.