a former executive wanted for theft of gold bars will surrender

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• Start of the Air Canada list: a former executive wanted for theft of gold bars will surrender 6 items. Skip the list?

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    PHOTO: Shutterstock / Roman King

    Former Air Canada executive wanted for gold bullion theft to turn himself in

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    PHOTO: WhatsApp/Simran Preet Panesar

    Simran Preet Panesar, a former Air Canada executive suspected of playing a role in the daring theft of $20 million in gold bars from Toronto Pearson Airport in 2023, is ready to turn himself in to Canadian authorities, according to his lawyer.

  • “He will be exonerated of everything”

    Panesar, who resigned from his post last summer and then disappeared, is believed to be in India, according to police. Me Greg Lafontaine, who did not indicate the whereabouts of his client, affirms that he is in the process of “completing his affairs abroad in anticipation of his return to Canada” in the coming weeks and that he has “looking forward to being able to demonstrate his complete innocence.”
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    PHOTO: Peel Regional Police

    On April 17, 2023, a plane from Switzerland landed at Toronto Pearson Airport. It is carrying 6,600 bars of pure gold worth $20 million and $2.5 million in foreign currency. Everything is unloaded then stored. One of the thieves then arrives with a falsified document with which he loads the loot into his truck, then leaves the scene. It’s only when the real cash couriers show up that we realize the theft has taken place.

  • Sweaty and nervous

    Last April, authorities announced a series of arrests in the case. Detective Sergeant Mike Mavity said that shortly after the robbery, Panesar gave detectives a tour of the facility where the crime took place, and that during the tour he was sweaty and nervous. It was shortly after this visit that the police lost track of him.

  • The investigation continues

    

    PHOTO: Peel Regional Police

    Other suspects are still being sought in this case, considered the largest gold theft in Canadian history. Only a tiny part of the loot has been found so far. According to police, the ingots may have been melted and transformed before being resold to, among other things, finance firearms trafficking operations.

  End of the Air Canada list: a former executive wanted for theft of gold bars will surrender 6 items. Return to top of list?

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