3 charged for multi-million-dollar larceny at Dr Balwant Singh’s Hospital

Three individuals, including two former employees, appeared before the Georgetown Magistrates’ Courts on Monday, facing multiple charges of Larceny by Clerk or Servant. The charges relate to the alleged theft of millions from Dr Balwant Singh’s Hospital Inc.
Charged are Shivannie Guyadeen; Kimberly Prasad and Randy Persaud. The trio appeared before Magistrate Fabayo Azore.
Guyadeen, 23, of Belle West, Canal #2 Polder, West Bank Demerara (WBD), was charged with larceny of $14,307,000 allegedly committed between February 19 and December 19, 2024. Guyadeen pleaded not guilty and was placed on $500,000 bail.
Meanwhile, Prasad, a 21-year-old resident of Foulis Housing Scheme, East Coast Demerara (ECD), was charged with the larceny of $1,070,000, allegedly committed between February 12 and December 21, 2024. Prasad pleaded not guilty and was granted $250,000 bail. In addition, Persaud, 23, of La Grange, WBD, was charged with the larceny of $180,000 on May 19, 2024. He pleaded not guilty and was granted bail of $75,000.
Persaud and Guyadeen were also jointly charged with stealing $234,000 on March 28, 2024. For this joint charge they were both placed on $75,000 bail.
All of the cases were adjourned for January 27, 2025. Reports are that the allegations stem from internal discrepancies reported at Dr Balwant Singh’s Hospital Inc, leading to an investigation that resulted in the charges against the trio.