Businessman charged for allegedly stealing over $13M in Powdered Milk

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woman-in-handcuffs[www.inewsguyana.com] – Businessman, Parsarma Tiribini of Independence Street, La Grange, West Bank Demerara, was yesterday (Wednesday, October 08) remanded to prison on a break and enter and larceny by Chief Magistrate Priya Sewnarine-Beharry.

The 29 – year – old father of three pleaded not guilty to the charge, which alleged that between September 14 – 30 at Industrial Site Eccles, East Bank Demerara, he broke and entered the storage bond of Seeram Bicharran and stole 554 bags of powdered milk valued $13,850,000.

Police Prosecutor, Michael Grant told the Court that on the day in question at around 16:20 hrs, the virtual complainant (VC) secured his storage bond and went to his residence. Upon his return, he noticed the door was opened and further checks revealed that the items were missing.

Grant said the matter was reported and acting on information Police arrested the defendant from his home. The Court was told that the defendant took the ranks to several places where he sold the powdered milk and 40 bags of which has been recovered thus far.

The matter was transferred to the Providence Magistrate’s Court for October 10.

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