The Financial Investigations Branch (FIB) of the Trinidad and Tobago Police Service has secured the forfeitures of two sums of monies under the Proceeds of Crime Act.
The TTPS said in the first matter, FIB officers seized the sum of TT$20,600 from a female suspect in June 2017 and investigations were conducted into the legitimacy of the cash.
In June 2019, an application for a forfeiture order was filed by the Office of the Director of Public Prosecutions in accordance with Section 39 of the Proceeds of Crime Act, with respect to the seized cash.
On November 20th, 2023, Magistrate Adrian Damanie ordered the sum of money inclusive of all interest accrued be forfeited to the State.
In the second incident, in November 2019, cash in the sum of TT$73,522, was seized under the authority of Section 38 of the Proceeds of Crime Act, from a male suspect and an investigation
launched into the legitimacy of the seized cash.
In November 2021, an application for a forfeiture order was filed by the Office of the Director of Public Prosecutions with respect to the seized cash.
On November 20th, 2023, Magistrate Darmanie ordered the sum of money inclusive of all interest accrued be forfeited to the State.
Meanwhile, a Debe man was arrested in connection with money laundering by officers of the FIB following investigations into the seizure of a large quantity of pharmaceuticals and quantities of US and TT currency found at his home.
In September 2022, officers of the FIB and the Customs and Excise Division received information about pharmaceuticals being smuggled out of Queen’s Wharf, Port of Spain and investigations were launched.
A male suspect’s home was searched on Monday 20th November, 2023, and a quantity of pharmaceuticals and cash suspected to be linked to the sale of the said pharmaceuticals were reportedly discovered.