A man was yesterday granted $125,000 bail after he denied obtaining $2.6 million by pretence from the Treasury Department of Mayor and City Council.
The allegation against Sherwin Laundry, 36, of Lot 249 Ozama Street, North Ruimveldt, Georgetown, is that on October 30, 2014, at Georgetown, he conspired with other persons unknown to obtain by false pretence $2,615,016 by virtue of a Republic Bank cheque from the Treasury Department of the Mayor and City Council.
Laundry pleaded not guilty to the charge when it was read to him by Chief Magistrate Priya Sewnarine-Beharry at the Georgetown Magistrates’ Court 1.
Attorney Mark Waldron, during a brief submission, said his client was authorised by a man from Linden to obtain the cheque from Mayor and City Council.
Police Prosecutor Bharat Mangru, who did not present details about the charge, had no objections to bail, which was later set at $125,000.
Laundry is expected to make his next court appearance on February 20.