Thursday 3 June 2010

Marrache brothers granted bail

(Gibraltar Chronicle / Brian Reyes) Chief Justice Anthony Dudley (photo) granted bail on Tuesday to Benjamin and Solomon Marrache who have spent over three months remanded in custody over fraud allegations. The two were bailed on the same terms as Isaac Marrache, a third brother who was granted bail last month. All three face fraud charges. In order to secure their release, Benjamin and Solomon Marrache must each post sureties worth £400,000 and must surrender their travel documents. They must also reside at a specific address. Once the bail is met, it will mean that friends and supporters of the brothers will have put forward a total of £1.2m in sureties, or financial guarantees. Although the money is not actually deposited in court, the guarantors must prove it is available and could stand to lose it should any of the three abscond. (Full story on CampoPulse)

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