Suspect in Canada's largest gold heist to surrender | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
July 19, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, JULY 19, 2025
Suspect in Canada's largest gold heist to surrender

World+Biz

Reuters
15 June, 2024, 11:20 am
Last modified: 15 June, 2024, 11:25 am

Related News

  • Foreign investment deal can bolster Canada-Bangladesh economic ties: Weldon Epp
  • Trump puts 35% tariff on Canada, eyes 15%-20% tariffs for others
  • China, Canada commit to deeper engagement with Bangladesh on trade, humanitarian assistance
  • Canada rescinds digital services tax to advance stalled US trade talks
  • Canadian envoy calls on BNP secretary general

Suspect in Canada's largest gold heist to surrender

Simran Preet Panesar faces charges in connection with the April 2023 theft from Toronto's Pearson airport

Reuters
15 June, 2024, 11:20 am
Last modified: 15 June, 2024, 11:25 am
Police officers open the back of the truck used in the heist after authorities gave details of the arrests made one year after some 400 kg (882 pounds) of gold and almost $2 million USD in cash was stolen from Toronto Pearson International Airport, at a news conference in Brampton, Ontario, Canada April 17, 2024. Photo: REUTERS/Carlos Osorio/File Photo
Police officers open the back of the truck used in the heist after authorities gave details of the arrests made one year after some 400 kg (882 pounds) of gold and almost $2 million USD in cash was stolen from Toronto Pearson International Airport, at a news conference in Brampton, Ontario, Canada April 17, 2024. Photo: REUTERS/Carlos Osorio/File Photo

A former Air Canada manager who is wanted for his alleged role in a $20 million gold heist, the largest in Canadian history, is preparing to turn himself in, his lawyer told the Canadian Broadcasting Corp on Friday.

Simran Preet Panesar faces charges in connection with the April 2023 theft from Toronto's Pearson airport.

His lawyer, Greg Lafontaine, told CBC that Panesar was out of the country but did not say where. Lafontaine said he had informed authorities that Panesar planned to return to the country voluntarily within the next few weeks to surrender.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"He is anxious to have an opportunity to demonstrate his absolute innocence," Lafontaine said.

Lafontaine told CBC that Panesar was very confident in the justice system and that "when this prosecution is over, he will have been absolved of any wrongdoing."

Police said in April they had arrested six people and were looking for three more.

The suspects, including two Air Canada employees, are accused of forging an airway bill to steal a cargo arriving from Switzerland of 6,600 gold bars weighing 400 kg (882 pounds) and C$2.5 million in foreign currency, police officials said.

Lafontaine's office said he was not able to comment further.

Police said earlier this month that they had arrested and charged Archit Grover, another individual allegedly involved in the gold heist.

Gold Theft / Canada

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    Dollar rate falling fast – what it means for the economy
  • Logo of the Bangladesh Jamaat-e-Islami. Photo: Collected
    Jamaat set for its first-ever Suhrawardy Udyan rally today
  • BNP Standing Committee Member Salahuddin Ahmed. Photo: Collected
    One party trying to fish in troubled waters through misleading politics: Salahuddin

MOST VIEWED

  • Obayed Ullah Al Masud. Sketch: TBS
    Islami Bank chairman resigns
  • Chief Adviser Muhammad Yunus and SpaceX Vice President Lauren Dreyer after a meeting at state guest house Jamuna on 18 July 2025. Photo: Focus Bangla
    SpaceX VP Lauren Dreyer praises Bangladesh's efficiency in facilitating Starlink launch
  • GP profit drops 31% in H1
    GP profit drops 31% in H1
  • Around 99% of the cotton used in Bangladesh’s export and domestic garment production is imported. Photo: Collected
    NBR withdraws advance tax on imports of cotton, man-made fibres
  • Governments often rely on foreign loans. Russia’s loans covered 90% of the Rooppur Nuclear Power plant project's cost. Photo: Collected
    Loan tenure for Rooppur plant extended 
  • Representational Photo: Collected
    Railway allocates special trains for Jamaat's national rally in Dhaka

Related News

  • Foreign investment deal can bolster Canada-Bangladesh economic ties: Weldon Epp
  • Trump puts 35% tariff on Canada, eyes 15%-20% tariffs for others
  • China, Canada commit to deeper engagement with Bangladesh on trade, humanitarian assistance
  • Canada rescinds digital services tax to advance stalled US trade talks
  • Canadian envoy calls on BNP secretary general

Features

Jatrabari in the capital looks like a warzone as police, alongside Chhatra League men, swoop on quota reform protesters. Photo: Mehedi Hasan

19 July 2024: At least 148 killed as government attempts to quash protests violently

7h | Panorama
Illustration: TBS

Curfews, block raids, and internet blackouts: Hasina’s last ditch efforts to cling to power

12h | Panorama
The Mymensingh district administration confirmed that Zamindar Shashikant Acharya Chowdhury built the house near Shashi Lodge for his staff. Photo: Collected

The Mymensingh house might not belong to Satyajit Ray's family, but there’s little to celebrate

12h | Panorama
Illustration: TBS

20 years of war, 7.5m tonnes of bombs, 1.3m dead: How the US razed Vietnam to the ground

1d | The Big Picture

More Videos from TBS

Why is the Japanese 'extremely exposed' to foreigners?

Why is the Japanese 'extremely exposed' to foreigners?

9h | Others
NCP’s arrival turns Munshiganj vibrant with festivity

NCP’s arrival turns Munshiganj vibrant with festivity

13h | TBS Today
How did Pakistan shoot down India’s fighter jets?

How did Pakistan shoot down India’s fighter jets?

14h | TBS World
Bangladesh's Lower and Middle Classes Under Pressure from High Prices

Bangladesh's Lower and Middle Classes Under Pressure from High Prices

14h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net