Headline — 24 January 2014 — by Rowland A. Parks
$275,000 embezzled from Belize Bank, Dangriga

Administrative officer charged with theft

Rosalva Kotch, 34, an administrative officer at the Belize Bank, appeared in the Dangriga Magistrate’s Court on Tuesday, where she was arraigned on 250 counts of theft for approximately $275,000 that went missing from the Belize Bank’s Dangriga branch.

Kotch was released on $7,000 bail plus one surety in the same amount, but she spent Tuesday night in police custody. She was unable to post bail until the following day, Wednesday, her attorney, Marilyn Williams, the former Financial Intelligence Unit Director, told Amandala today, Thursday.

Williams said she did not have any comment on the matter, because the bulk of the legal proceedings has not taken place as yet.

A bank reconciliation uncovered that the monies went missing between January 2008 and December 2013.

The incident was reported to police by the bank’s higher-ups. The police, however, for reasons unknown, did not include this item in their daily reports.

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