Latest update March 18th, 2024 12:59 AM
Mar 20, 2015 News
Three armed bandits stormed the National Credit Union and Caricom Insurance Company at Regent and Oronoque Streets in Georgetown early yesterday morning and escaped with $15M in cash and several weapons.
The robbery occurred sometime around 02:15 hrs.
The assailants carried out their brazen act after beating and tying up the company’s lone security guard with a phone cord.
Police in a release said that three men, one of whom was armed with a firearm, broke into the National Credit Union building and torched a safe – this was done after the men tied up the company’s unarmed security guard.
The bandits took away one .32 pistol, one .32 revolver and five 12-gauge shotguns along with 45 cartridges. They also carted off $15M in cash.
There are reports that the National Credit Union and Caricom Insurance building is not protected by cameras, and investigators will most likely have to rely on surveillance footage from nearby businesses.
According to information reaching this newspaper, one man armed with a gun and two armed with cutlasses stormed the facility, after which they tied up the guard.
After robbing the place, they escaped in a waiting vehicle.
“When dem gone, the security untie heself, and call the company chief security who then inform the police,” a source said.
While the security guard did not recall hearing any gunshots, other guards attached to nearby businesses reported to the police that shots were fired.
No one has been arrested as yet. Investigations are ongoing.
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