$400M in gold stolen from Mahaica hoarder

The $6,000,000 recovered by the police

A man was yesterday handed a four-year jail sentence after admitting to being party to the theft of $400 million worth of raw gold from a Mahaica dealer and four others, including two subordinate Guyana Police Force (GPF) ranks, are in custody in connection with the ongoing investigation of the crime.

Although the theft occurred some nine months ago, it was only reported to the police last Friday, resulting in the investigation and charges.

According to a statement from the Director of the Force’s Corporate Communications Unit, Mark Ramotar, the Crime Chief Wendell Blanhum has confirmed that the Criminal Investigation Department (CID) Headquarters is conducting a probe into the theft of the raw gold.