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Multi-million dollar robbery at businessman’s home likely ‘inside job’

Bandits Tuesday morning invaded the East Coast Demerara home of a businessman, tied up his employees and carted off more than GUY$17 million in foreign currency in what appears to have been conducted with the assistance of someone with sensitive information, police said.

Investigators were told that about11 AM, Tuesday, May 19, two men, one of whom was armed with a firearm, entered the premises of  Ramischand (one name) at Courbane Park, Annandale. Ramischand works in the fisheries sector.

There, they attacked the housekeeper, 59-years old Nandrani Yanick of Mon Repos and the handyman, 20 years old Ulric Fingall of Better Hope, East Coast Demerara

“The housekeeper and handyman were tied up and the perpetrators ransacked the home and took away $85,000 US and escaped,” police said in a statement.

No one has been arrested, but investigators are working on the theory that the incident was an ‘inside job’ because the canister, which contained the money, was unlocked by decoding.