Two Cyprus nationals charged with money laundering and obtaining property by deception have been remanded in custody by the Suva Magistrates court.

Brothers, Loizos Petridis and Cleanthis Petridis have been charged with two hundred and ninety-nine counts of money laundering and obtaining property by deception.

Six of the charges have been filed while the remaining two hundred and ninety-three charges to be filed in the next hearing.

It is alleged on December 19th, the two allegedly engaged directly or indirectly in transactions involving $2,660 that were proceeds of crime knowing or ought to have reasonably known that the money is derived from some form of unlawful activity.

The details of the remaining 293 charges will be released once the file is produced before Magistrate Jioji Boseiwaqa.

In court today, the two brothers asked if they could have their MasterCard to buy food while in remand.

Magistrate Asanga Bodaragama told the duo they won’t need a MasterCard at the Remand Centre.

He says the card is also being used for investigation.

The case will be re-called on the 16th of this month.