Gros Islet Residents Charged With Money Laundering

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Financial intelligence Authority investigators have charged  two Gros Islet residents with money laundering.

One of them used to be an employee of the Ministry of Health and Wellness.

A release from the authority identified her as Jacqueline Garnier of Monier, Gros Islet.

The release said investigators arrested and charged her on Monday, March 29, 2021 in connection with 5 counts of money laundering in relation to the sum of EC$ 99,055.

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It disclosed that Garnier appeared before the First District Court on Monday, March 29.

And the court granted bail in the sum of EC $30,000, the release said.

It said  along with Garnier, investigators also charged George Paulius of Assou Canal, Gros Islet with five counts of money laundering.

Paulius received bail in the sum of $EC 15,000 on April 1, 2021.

According to the Financial Intelligence Authority, at the time of their arrest both Garnier and Paulius were on bail for stealing by reason of employment and aiding and abetting stealing by reason of employment respectively.

“It is alleged that both individuals engaged in stealing the sum of $99,055 from the Ministry of Health and Wellness between 1 December, 2016 and 1 December, 2017,” the authority said.

And it disclosed that money laundering carries a minimum penalty of $500,000 and/or five years imprisonment upon summary conviction.

Upon conviction by indictment in the High Court, the offence carries a penalty of a minimum of one million dollars and up to 15 years imprisonment.

 

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Editorial Staff
Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

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