Five people held in connection with the $5 million robbery of supplies earmarked for the renovation of the five-star Hyatt Regency Hotel in Port-of-Spain are expected to appear in court today.
The suspects were charged last Thursday but did not appear in court the following day as it closed early to allow staff to go home for the Christmas holiday long weekend.
The multi-million dollar robbery reportedly took place two Fridays ago at Central Warehouse Complex in Charlieville, Chaguanas, where the items for the hotel’s renovation and remodelling were being stored.
Police said the bandits, bound and gagged the three security guards, disabled the CCTV cameras and cut the locks to the warehouse.
Their accomplices arrived in two trucks and several cars and left with 177 flat screen televisions, lighting fixtures and 335 artwork frames together valued at US$552,609.03 and other items. The heist was captured on CCTV cameras at nearby businesses.
The following day police received reports of people selling expensive televisions in east Port-of-Spain at discounted prices.
Some of the suspects were arrested in Romain Lands, Morvant, while the others at a house in Beetham Gardens.