Businessman Raymond Yhap has been charged with possession of ammunition.
Following his charge, he was granted bail after appearing before Chief Magistrate Joanne Walsh on Monday.
His bail is in the sum of $3,000, with a cash deposit of $1,000 and one surety. He is to report at the St. John’s Police Station three days each week.
Yhap returns to court for a trial on October 28.
According to reports, police raided several of Yhap’s businesses, including two of his supermarkets on Lower All Saints Road, last week. According to reports, officers seized a number of items, including money, a firearm and ammunition.
As a licensed firearm holder, he is reportedly permitted to have only 60 bullets in his possession at any one time.
However, officers reportedly found over 140 rounds of ammunition at one business place, and Yhap was charged accordingly.