A female Finance Department staffer at the cash strapped Guyana Sugar Corporation was arrested on Friday morning by investigators from the Criminal Investigations Department.
She is suspected of carting off millions of dollars in cash from the company. Acting Crime Chief, Hugh Jessemy, confirmed the arrest to News Source. He said he would not be able to offer any additional information at this stage of the investigation.
But sources close to the probe have informed News Source that over $34 million was discovered missing after an internal audit at the company and it is believed that the money may have been stolen between the 2012 and 2015.
The West Demerara woman worked in the Finance Department for a number of years and had full access to the company’s finances including cheques and cash.
She was arrested while at work this morning and remains in custody this evening.
The Special Organised Crime Unit of the Police Force is working along with the CID as the probe is expected to widen.