The trial of two Cyprus nationals facing money laundering charges will begin on September 1st.

The case was called in the Suva High Court yesterday.

Loizos and Cleanthis Petridis face charges involving the withdrawal of cash from several ATMs in Suva two years ago.

On the first count of money laundering, it’s alleged in December 2017, they were allegedly engaged directly or indirectly – obtaining $95,590 which were proceeds of crime – while knowing it was derived from some form of unlawful activity.

For the second count of attempt to obtain property by deception, it’s alleged also in December 2017 they procured $41,540 from BSP with the intention to permanently depriving the bank of the amount.

They also deny the last count of possession of property suspected of being proceeds of crime, where they allegedly had with them $203,009.

The two accused are further remanded.