BUSINESSMAN ALLAN SIMMONS had planned a major Independence Day celebration with his 40 employees to commend them for their efforts during a very tough year, but his plans turned sour when he arrived at his company.
The entrepreneur and owner of Simmons Electrical at Lot C 16, Emerald Park, St Philip, spent Friday morning counting his losses after thieves made off with more than $50 000 worth of the company’s electrical cables.
Simmons told the SUNDAY SUN that he believed the theft was carried out to secure the copper wires inside the cables.
Copper and gold are among the highest-priced metals on the world market.
The businessman explained that the stolen cables, which formed a vital component of three major contracts that the company had secured and were to be started before Christmas, had set the company back significantly.
Simmons said he believed the incident occurred between 1 and 2:30 Friday morning.
