A Sandy’s man has been charged with laundering more than $300,000 in cash.

Kenith Bulford, 39, of Broom Street, Sandys, was not required to enter a plea in Magistrates’ Court this morning as the charge is indictable.

He is accused of being found in possession of $316,950, which represents the proceeds of criminal activities, prosecutor Garrett Byrne told the court.

Senior Magistrate Archibald Warner released Mr Bulford on $10,000 bail with one surety, ordering him to reside at his own residence and surrender all travel documents.