A Police investigation into how around $500,000 allegedly went missing from the Customs Office in Marsh Harbour sometime in May of this year has come to a close with no suspects brought in. The investigating officers in Nassau were contacted but up until press time no answers were given.
Sometime in May, deposits – which comprised cash and cheques – left the port in Central Abaco with a customs officer and went missing during the short drive to the Royal Bank of Canada (RBC).
Based upon procedure, when money is brought into account, it then goes to the customs cash book and then they take the money and cheques combined to the bank. In this case the bank is RBC, which is a mere two-minute ride from the port.
On the way to the bank on that short journey five deposits never made it to the bank with a cumulative value around $500,000, according to reports.
Because most of the importers and customs brokers pay by certified check the majority of the money (about $470,000) is recoverable leaving about $30,000 in cash to recover.
The office in Marsh Harbour alone brings in around $40m in customs duty every year. When the Deputy Prime Minister, Philip Brave Davis, was questioned about the alleged missing funds, he said he only heard of it through the media and that it is under investigation.