Accused of fraudulently converting $360,000 entrusted to him by his former employer to his own use, mason Quincy Smith on Thursday appeared before Chief Magis-trate Priya Sewnarine-Beharry and was granted bail.
It is alleged that between September 1 to 13 last year, Smith made use of the cash when he was under instructions to deliver it to someone else. Smith, of Lot 4 Vryheid’s Lust, denied the charge and in what his attorney called a “complete defence,” the court heard that the cash was exchanged as part of an arrangement between Smith and his former employer, the complainant, Terry Anderson.
![Quincy Smith](https://s1.stabroeknews.com/images/2014/07/20140708Quincy-Smith-194x250.jpg)
The arrangement was made in May last year after Smith was injured on the job as a result of which Anderson agreed to pay his medical bills which totalled in excess of $300,000. The sum was to be repaid in parts but the complainant is now requesting the full sum at once, the court was told.
Smith was released on $75,000 bail and he is expected to return to court on July 25.