Two officials of the Washington University of Barbados, including its chief executive officer, Rao Venkata Gopi, were granted BDS$200,000 bail after they appeared in court on Monday to answer several fraud related charges.
The 42-year-old Gopi and 33-year-old Deoraj Jaimangal Dalchand were ordered to surrender their passports before they could be released.
The two men, who will return to court on January 24 next year, are also ordered to report to a police station three times a week.
The two are charged with dishonestly inducing Casa Grande Incorporated, their creditor, to wait for payout of BDS$2,863,080 in rent by deception by falsely representing that CIBC FirstCaribbean International Bank cheques dated December 20, 2017 for $50,000; January 1, 2018 for $50,000; and August 28 for $110,000 were good and valid for payment.
They were not required to plead to the indictable charge which allegedly occurred between April 2017 and September 1, 2018.
They also faced the charge of evading liability at Furniture Limited T/S Builders Value Mart for a dishonoured cheque totaling BDS$30,000 in the District ‘A’ jurisdiction.
The prosecution also alleges that between December 28, 2017 and September 30, 2018 they dishonestly induced the company, his creditor, to wait for BDS$70,919.33 in payment by falsely representing that the cheque from the aforementioned bank dated December 12, 2017, payable to Builders Value Mart for BDS$30,000 was good and valid for payment. That charge is also indictable.
When they first appeared in court in October, the prosecution had objected to bail for the chief executive officer following his arrest by police earlier that month after he was linked to a scheme that swindled hundreds of students of thousands of dollars. He is reportedly wanted in India amid allegations that he had promised the students admission to foreign medical universities.
According to media reports in India, the fraudsters convinced clients that they had secured tie-ups with medical institutions in several countries. They allegedly promised them seats in medical colleges in the United States and China.