Nine face charges in last year’s Canada gold theft
Peel Regional Police said Wednesday that 6,600 gold bars worth more than 20 million Canadian dollars ($14.5 million), and 2.5 million Canadian dollars ($1.8 million) in foreign currencies were stolen. The gold was melted down and used to purchase illegal firearms, police said.
Those charged include an Air Canada warehouse employee and a former Air Canada manager who gave police a tour of cargo of the facility after the theft. A jewelry store owner is also charged.
"This story is a sensational one and which probably, we jokingly say, belongs in a Netflix series," Peel Regional Chief Nishan Duraiappah said.
Peel Reginal Detective Sgt. Mike Mavity said the gold bars, weighing 419 kilograms (923 pounds), and foreign currency, ordered from a refinery in Zurich, were transported in an Air Canada flight on April 17 last year.
"They needed people within Air Canada to facilitate this theft," Mavity said in front of the truck police say was used in the theft.
Mavity said police are searching for the Air Canada manager who gave police a tour of the facility in the days after the theft. He said that the manager left his job last summer.
Mavity said some of the suspects were known to police and some were not.
"I don't think I ever imagined they would have to deal with the largest gold heist in Canadian history," said Patrick Brown, the mayor of Brampton, Ontario. "It's almost out of an 'Ocean's Eleven' movie or ‘CSI.’"
Among those who have been arrested are: Air Canada employee Parmpal Sidhu, 54, from Brampton, Ontario; jewelry store owner Ali Raza, 37, from Toronto’ Amit Jalota, 40, an Oakville, Ontario resident; Ammad Chaudhary, 43, from Georgetown, Ontario; and Prasath Paramalingam, 35, from Brampton.
Mavity said the truck driver that allegedly picked up the gold, Durante King-Mclean, a 25-year-old from Brampton, is in custody in the U.S. on firearms and trafficking related charges.
Police are searching for former Air Canada manager Simran Preet Panesar, 31, from Brampton as well as Archit Grover, 36, from Brampton and Arsalan Chaudhary, 42, from Mississauga Ontario.
Peel Regional Deputy Chief Nick Milinovich said only 90,000 Canadian dollars ($65,000) of the more than 20 million Canadian dollars has been recovered.
Brinks, an American cash handling company, arrived at the airport cargo facility the night of April 17 to pick up the gold and were told the gold and currency was missing after a search.
Brinks sued Air Canada over the theft last year. According to the company's filing last year, a thief walked away with the costly cargo after presenting a fake document at an Air Canada warehouse on April 17.
In a November 8 statement of defense, Air Canada rejected "each and every allegation" in the Brink's lawsuit, saying it fulfilled its carriage contracts and denying any improper or "careless" conduct.