Two Grand Bay men accused of executing an armed robbery at the Western Union outlet in Roseau last week were on Monday denied bail.
Forty-three-year-old Kelvin Alexander and 34-year-old Omisie Odigie appeared before Chief Magistrate Evelina Baptiste on Monday morning.
The two were charged with aggravated burglary in which they are alleged to have stolen $218,695.91 from the establishment using a shot gun.
The incident allegedly occurred on February 2, 2012.
That sum included $196,149.69 Eastern Caribbean (EC) currency and US $7,585 or $20,251.95 when converted to EC.
The men are also accused of assaulting Paula George with intent to rob her during their attack on Western Union.
Alexander faced an individual charge of possession of two rounds of live 12 gauge ammunition in Grand Bay, to which he pleaded not guilty.
Odigie also pleaded not guilty to a charge of possession of cannabis.
Police Prosecutor Claude Weekes objected to bail for the defendant on the grounds that if released, they would interfere with yet to be completed investigations.
According to him some of the cash and firearms used to commit the robbery have not yet been recovered.
Weekes also told the court that while it is understood that one is innocent before being proven guilty the severity of the sentences related to such offenses should be taken into consideration.
“These firearms are still on the street,” Weekes told the court.
He also indicated that Odigie was already on bail for another indictable offense.
Meanwhile lawyer for the accused men Wayne Norde told the court that he was not ready to make a bail application and that he would approach the court on that matter next week.
He however told the court that he was informed that large amounts of the stolen cash had been recovered by police.
The aggravated burglary and assault with intent to rob charges are both indictable and did not require a plea.
The preliminary inquiry for these matters and the trial for the other two summary charges are scheduled for July 26, 2012.
The men were remanded untill February 13, 2012.