A 31 year-old former employee of Cable and Wireless Grenada Ltd has been ordered to repay all the monies that he admitted to stealing from his employer.
The accused Joseph Ratoo from St. Mark pleaded guilty to stealing by reason of employment more than EC$91, 000 from his employer’s account during the period of 2006-08 and was ordered to pay back a monthly sum of EC$500 to the company.
Prior to his arrest, Ratoo was employed as one of the top finance officials with Cable & Wireless.
Madam Justice Price-Findlay, who handed down the judgment Tuesday at the St George’s High Court Number 1 also placed Ratoo on a three year suspended sentence and warned him that he can end up in jail if he defaulted on any of the repayments to the company.
In addition, he is to serve 200 hours of community service and in default will be sent to the Richmond Hill prison to serve two years to run consecutive to any sentence he may be serving at that time.
The law firm of Ciboney Chambers represented Ratoo who is currently employed as a baker at a local bakery.