Police have since arrested eight men following a sweep in
Tiger Bay and surrounding communities. The police in a
statement said the robbery occurred around 4 am on Saturday.
According to the police, investigations so far have
revealed that a gang of seven masked men, three of whom
were armed with handguns, held up the five unarmed
security guards on duty at the business entity and placed
them in a storage bond. While one of the bandits stood
guard, the other men used a welding set to cut their way
into the building and into a metal safe from which they
took away about $30 million cash. It is suspected that the
bandits escaped by way of the Demerara River.
Robert Hanoman,
co-owner of the store told Stabroek News
yesterday that the bandits entered through the back of the
bond. He said that the robbers managed to cut off about 12
inches of a metal safe which had cash to pay persons who
had supplied cement and other hardware items. Hanoman said
the bandits' operation seems to have been well organized.
It was only recently Muneshwer's was rebuilt after a fire
in 2003 ravaged the building.
