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Versailles businessman arrested for illegal exportation of gold without proper licensing

kent-jackson by kent-jackson
June 19, 2024
in News
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Versailles businessman arrested for illegal exportation of gold without proper licensing
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Saffee Ahmad, a businessman from Queens, New York, and West Demerara, was arrested for exporting gold without a license. Additional insight: The illegal exportation of gold is a serious offense that can have significant consequences for both the individual involved and the economy of the region.

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Appearance in Court and Plea

Ahmad appeared before Principal Magistrate Judy Latchman at the Diamond Magistrate’s Court #2, where he pleaded not guilty to the charges brought against him. This indicates that he is maintaining his innocence and plans to fight the allegations in court. Additional insight: Pleading not guilty suggests that Ahmad may have a defense prepared to contest the accusations, and the case could potentially be drawn out through legal proceedings.

Bail Set

Following his plea, Ahmad was granted bail in the amount of $600,000. This bail amount serves as a guarantee that he will appear for future court dates and comply with any conditions set by the court. Additional insight: The bail amount reflects the seriousness of the charges Ahmad is facing, and failing to meet bail conditions could result in further legal trouble.

Future Court Date

The case has been scheduled for June 24, 2024, for statements to be presented. This date marks an important milestone in the legal process, where evidence and arguments will be formally submitted to the court. Additional insight: The upcoming court date signifies the progression of the case through the legal system and indicates that both sides will have the opportunity to present their respective positions.

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