Press Release:- On Wednesday 19th of January, 2022 Ms. Cyrilla Agatha Hippolyte, appeared in the High Court before Justice Georgis Taylor where she pleaded guilty to charges of both stealing and Money Laundering.
Ms. Hippolyte a former employee of a NIPRO subsidiary, had previously been charged by police in July 2019 for the offence of stealing by reason of employment, for the theft of over $300,000.00 from the organization.
On 24th January 2020 the accused was also charged with four counts of money laundering by officers attached to the Financial Intelligence Authority.
Unable to meet her bail conditions, Ms. Hippolyte had remained remanded in custody at the
Bordelais Correctional Facility from July of 2019. Following Wednesday’s conviction, the court set a sentencing date of 14th May 2022 for the accused.
Under the provisions of the Money Laundering (Prevention) Act, a person convicted on
indictment for the offence of Money Laundering can face a maximum of up to 15 years
imprisonment and or a maximum fine of 2 million dollars.
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