(Trinidad Guardian) A manager at Trinidad Cement Limited (TCL) Employees’ Credit Union was denied bail when he appeared in court on Monday to answer a TT$50 million fraud charge.
Darren Singh, 35, of Claxton Bay, appeared before Magistrate Adrian Darmanie in the Port-of-Spain Tenth Court.
He is accused of using a fraudulent document to transfer a substantial sum from the organisation’s Unit Trust Corporation (UTC) account to another account at Republic Bank’s branch,Tropical Plaza, Point Lisas.
The charge did not indicate whether Singh was able to withdraw the money after the transfer or if the money had been recouped by the credit union.
