Saturday 4 April, 2020

Police seize more cash at pastor's church, home

Police said they have seized more cash from the home of a Longdenville pastor after he allegedly attempted to exchange TT$28 million in old $100 notes for the new polymer bills.

According to reports the searches were conducted at the home and church of pastor Vinworth Anthony Dayal on Thursday afternoon and resulted in the seizure of even more cash.

The home, located along Ocean Drive, Gulf View, was searched by a team of officers led by officials from the Financial Investigations Branch (FIB).

At the same time, a search was being conducted at the Third Exodus Assembly Church, of Depot Road, Longdenville.

Police said they found and seized cash, which needed to be accounted for. Up to 6.00 am Friday the official value of the cash seized was still being calculated.

However, police said it could be ‘easily in the millions’.

This search was conducted after the pastor allegedly attempted to exchange $28million in old paper $100 notes for the new polymer ones on Tuesday at the Central Bank.

The money was seized by the FIB officers under the Proceeds of Crime Act.

Investigators were told that the money was collected in tithes over a period of time.

He reportedly initially went to First Citizens Bank on December 23, to redeem the old $100s. However, he was informed to go to the Central Bank.

More on this as it becomes available. 

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