A Kwakwani man whom the court heard stole $250,000 from his friend after they had a night of drinking was today charged with and released on bail.

Bob Sipriano, 20, pleaded not guilty to the charge which stated that between July 2 and July 3 at Jonestown Kwakwani, Upper Berbice, he stole $250,000 from Kerran Persaud.

Facts presented by Police Prosecutor Gordon Mansfield stated that the defendant, who is known to the victim, was at her shop consuming alcohol together.

The court heard that at around 03:00 hrs on July 3, the victim closed her shop and handed the defendant a padlock to lock the gate on his way out. She then went to bed, leaving him outside.

Shortly after, the woman was awoken by a noise at her door and, upon checking, she saw the defendant leaving her home. She then made checks for her money and discovered it missing. The matter was then reported and Sipriano was arrested and charged with the offence.

While the prosecutor did not object to bail being granted to the defendant, he asked that conditions be attached. The Chief Magistrate, after listening to the facts, released Sipriano on $70,000 bail.

The condition of the bail is that he must report every Friday at the Kwakwani Police Station until the hearing and determination of the trial. He was instructed to make his next court appearance on July 19.

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