Oud-directeur FAI krijgt 3 jaar cel; moet nog 2 jaar brommen

On November 5 at 13:35, a district court in Suriname delivered a landmark ruling in the case of Nitesh Ramlakhan, ex-director of local agribusiness firm Food and Agriculture Industries NV (FAI), finding the former executive guilty on all three counts of financial misconduct brought against him. The court handed down a total 3-year prison sentence, of which 12 months are suspended, with a 2-year probation period following his release, and ordered pre-trial detention time already served by Ramlakhan to be deducted from his final sentence. Judges also upheld the existing order for his continued custodial detention. The three proven charges against Ramlakhan include complicity in aggravated embezzlement, complicity in falsification of official documents, and complicity in the use, distribution, and possession of forged paperwork. Prosecutors from the Public Prosecution Service had previously pushed for a full 4 years of unconditional prison time, alongside the retention of his pre-trial custody and the full restitution of seized assets: the company-owned vehicle to FAI, and two mobile phones back to Ramlakhan himself. In contrast, Ramlakhan’s legal defense team had filed a motion for full acquittal on all charges, arguing that no legally admissible, convincing evidence existed to substantiate the prosecution’s claims. To reach its final guilty verdict, the district judge evaluated a full body of evidence including Ramlakhan’s formal statements to law enforcement and his testimony delivered during court hearings, alongside sworn accounts from multiple witness participants. The court confirmed that Ramlakhan abused his executive authority when purchasing a vehicle from local dealer Car Center, intentionally listing his own name on the hire-purchase agreement instead of FAI’s, despite the full purchase price being covered using corporate funds, causing measurable financial harm to the agricultural enterprise. Judges also verified that Ramlakhan fabricated falsified damage claim forms and internal company memos that did not reflect factual events, deliberately misappropriating company funds to unlawfully benefit a third-party client. As part of the final court order, all assets seized during the investigation will be returned to their rightful legal owners as designated by the ruling.