A 25-year-old employee of Caribbean Chemicals was Wednesday placed on $200,000 bail at the Georgetown Magistrates Court.

Diane Mosley, of Alberttown, Georgetown, was slapped with an embezzlement charge before Chief Magistrate Priya Sewnarine-Beharry.

She pleaded not guilty to the offence that said between August 14 and September 6, being an employee of Caribbean Chemicals, she embezzled the sum of $7,842,902, property of Caribbean Chemicals.

Appearing for the defendant was attorney-at-law Mr. Khemraj Ramjattan.
In a bail application, he told the Court that his client has a good character and was employed with the company for three years.

Counsel said that Mosley has no pending matter or prior convictions and denied the allegation against her.

Representing the prosecution was Police Inspector Michael Grant.
He did not object to bail and the matter stands adjourned to October 3 for statements.