A 42-year-old contractor, who visited a city bank and withdrew over $3 million, is now counting his losses after his vehicle, in which the money was placed, was hijacked on Tuesday morning.

Police had launched a manhunt for the motor car which was found a few hours later at the parking lot of the Guyana Geology and Mines Commission (GGMC), Oronoque and Croal Streets, Georgetown.

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Reports are that the contractor used his Mazda car to visit a city bank in Georgetown, where he withdrew close to $3.5 million to pay employees.

Upon leaving the bank, he drove to a location in Kingston, Georgetown, where he used some of the cash. He then made another stop in the city before arriving at a location in Queenstown, Georgetown.

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Inews was told that about 09:20h, the contractor parked his vehicle at New Garden Street, between Church and Forshaw Streets, Queenstown before exiting. He left the cash in a bag inside the car and went inside a building.

However, upon his return, he realised that the vehicle was missing and immediately raised an alarm. The Police were called and quick action by investigators attached to Region Four (Demerara-Mahaica) Sub-Division A (Georgetown) led to the recovery of the Mazda motor car, but the cash and important documents were missing.

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Georgetown Policing Division Commander, Assistant Police Commissioner Edgar Thomas, when contacted by Guyana Times, confirmed that the vehicle was recovered.

He stated that presently there were no suspects in custody; however, investigations into the matter were ongoing.

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Investigators will be utilising the available footage from the Closed-Circuit Television (CCTV) cameras in the capital city as their probe continues.

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