AN ACCOUNTANT at the BK Quarries Incorporation on Wednesday appeared before Chief Magistrate Ann McLennan charged with embezzling $28M from the company.Totoram Ramlachana, 25 of Diamond Housing Scheme, East Bank Demerara pleaded not guilty to the charge which alleged that between July 20 and September 13 at Georgetown while being a clerk or servant of BK Quarries Inc., he fraudulently embezzled $28,571,235 on account of the company.

Ramlachana was placed on $250,000 bail by the Chief Magistrate after an application by his lawyer, who told the court that his client was not a flight risk and had assisted the police with their investigations.

Prosecutor Neville Jeffers made no objection to Ramlachana being granted his pre-trial liberty but suggested that he lodge his passport along with reporting conditions.

Magistrate McLennan granted bail but ordered that Ramlachana report to the Criminal Investigation Department (CID) every Friday pending the outcome of the matter.

The case will be called again on December 5.