Mon | Oct 22, 2018

Man held in money laundering raid released

Published:Friday | May 29, 2015 | 9:32 AM

The police have released the man they took into custody yesterday following a raid in Kingston and St Andrew relating to a major money laundering scheme. 

The man was released last evening without charge following a question and answer session that also involved his attorney, Peter Champagnie. 

Meanwhile, items seized in the operation remain in police custody as the investigations continue. 

Some of the items included bank statements, J$98,000, cash in US and Canadian currencies, telephones and bank books.

The raids were focused on a number of premises on Dillsbury Avenue, Kingston 8 and Angels Estate in Spanish Town, St Catherine.

The police say the operations were carried out in the aftermath of the conviction of a Jamaican in Canada for major drug offences, following which information was shared with the Financial Investigations Division.

The raid was conducted by personnel attached to the FID, Mobile Reserve and the Counter-Terrorism and Organised Crime Branch.