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Daily Archives: January 23, 2018

Three Brazilians arrested for allegedly robbing Lethem shop

Three men believed to be Brazilians were Tuesday afternoon arrested after they allegedly robbed a shop at the southern Guyanese town of Lethem near the border with Brazil, police confirmed. Interior Divisional Commander, Superintendent Ravindradat Budram told Demerara Waves Online News that after police received a call, they immediately took up positions at strategic locations and caught the suspects. He ...

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Several senior NBS officials arrested

At least six managers of the New Building Society (NBS) were Tuesday evening detained and taken to police stations in connection with alleged unlawful imprisonment of several persons at the financial instiution’s headquarters during the day. Four security guards- three employed by NBS and one by Professional Guard Service-were also arrested and taken to a nearby police station. Police are ...

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NBS pays Maurice Arjoon GY$59 million after stand-off

After a stand-off of several hours, the New Building Society (NBS) on Tuesday paid up a more than GY$59 million dollar dismissal judgement to former Chief Executive Officer of the New Building Society (NBS), Maurice Arjoon. Sources told Demerara Waves Online News that the cheque has been already written and handed over. High Court Marshals and Arjoon’ s lawyers descended ...

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Customers, police, High Court Marshal locked inside NBS headquarters; concerns raised about false imprisonment

Several customers, a High Court Marshal, lawyer and policeman were Tuesday afternoon among several persons locked inside the New Building Society (NBS) headquarters for several hours, raising concerns about alleged false imprisonment. Deputy Commander for ‘A’ Division of the Guyana Police Force, Senior Superintendent Wendell Blanhum said legal action was being contemplated. Blanhum told NBS lawyer, Ashton Chase that he ...

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BREAKING: High Court Marshals levying on New Building Society

High Court Marshals and police were Tuesday levying on the assets of the New Building Society (NBS), Guyana’s premier mortgage institution, to the amount of GY$59 million. That is in keeping with a High Court decision that former NBS official,  Maurice Arjoon, should be compensated for wrongful dismissal. Customers and other persons were prevented from entering the NBS headquarters after ...

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