Guyanese family accused of laundering billions for Chinese businesses
Guyana’s Special Organised Crime Unit (SOCU) has charged a couple and their son with 268 counts of money laundering and conspiracy to launder more than GYD$ 4.1 billion.
SOCU filed charges against Kenneth Kellawan Ramnarine, Yevette Nalini Saroop, and their son Damian Brandon Ramnarine after almost three years of investigations into allegations that they were “operating as nominees for some Chinese businesses and also facilitating tax evasion” through a family company.
In a statement, SOCU head, Assistant Commissioner Fazil Karimbaksh, said Ramnarine and his wife were arrested on Wednesday at the Cheddi Jagan International Airport attempting to flee to the United States.
Karimbaksh alleged the family transferred GYD$ 3.7 billion to 22 companies in China under the pretext of importing raw materials to produce biodegradable products, while other sums were disguised locally, totalling over GYD$ 4.1 Billion.
Saroop appeared in the Diamond/Grove Magistrates Court, where 134 Money Laundering charges were read out.
She was not required to plea to the indictable charges and was remanded to prison.
Saroop will reappear in court today, where additional charges with be read.
Ramnarine appeared in court to answer 131 counts of money laundering charges.
He was remanded and is expected to reappear in court today to face additional charges.
Their son did not appear in court, but the police said he would surrender soon to SOCU.
0 Comment