Businessmen Nazar “Shell” Mohamed and his son Azruddin Mohamed- also Leader of WIN party- were on Friday granted bail in the sum of $150,000 each following an extradition hearing before Principal Magistrate Judy Latchman at the Georgetown Magistrates’ Court.
As part of their bail conditions, the court ordered both men to surrender their passports and to report to the Ruimveldt Police Station every Friday between 13:00 and 15:00 hrs, beginning November 7, 2025.
The Mohameds are represented by Senior Counsel Roysdale Forde and Attorneys-at-Law Siand Dhurjon, Darren Wade and Nigel Hughes.
During the hearing, the prosecutor objected to bail, describing the defendants as “flight risks” in light of the ongoing extradition request filed by the U.S. Government.
Attorney Siand Dhurjon countered that the extradition move was unconstitutional and outside the court’s jurisdiction, noting that his clients had not been questioned or given a chance to respond before their arrest.
Fellow defence attorney Senior Counsel Forde also challenged the “flight risk” argument, calling it baseless. He further pointed out that “Azruddin Mohamed is the presumptive Leader of the Opposition” and that both men have strong ties to Guyana and are willing to comply fully with any court-imposed conditions.
According to a statement from the Attorney-General’s Chambers, the Mohameds were arrested by members of the Guyana Police Force under a warrant issued by a Georgetown Magistrate, following a formal extradition request from the United States on October 30, 2025.
The request was made “pursuant to an extradition treaty between Guyana and the United Kingdom which remains in force under Section 4(1)(a) of the Fugitives Offenders Act, Cap. 10:04, as amended by Act No. 10 of 2024.”
The statement said the warrant was issued after King’s Counsel Terrence Williams, along with attorneys Herbert McKenzie and Celine Deidrick, presented an Authority to Proceed from the Government of Guyana.
The U.S. indictment, unsealed on October 6, 2025, charges the Mohameds with wire fraud, mail fraud, money laundering, conspiracy, aiding and abetting, and customs-related violations tied to an alleged US$50 million gold export and tax evasion scheme.
It alleges that between 2017 and June 2024, the pair conspired to evade export taxes and royalties on more than 10,000 kilograms of gold, using falsified customs documents and re-used export seals.
The indictment also cites the attempted shipment of US$5.3 million in undeclared gold seized at Miami International Airport and the under-invoicing of a luxury vehicle valued at US$680,000.
Their next court appearance is expected on November 10
