Joel Ruana, the man alleged to have been part of the gang involved in the K1.2 million heist in Port Moresby, appeared for mention today.
The case was heard by Waigani District Court senior magistrate, Mekeo Gauli.
Ruana is the fifth person to appear in court in relation to the November robbery.
The matter was heard at the Bomana court house this morning. The accused, Joel Ruana appeared from police custody.
The court heard that on the morning of November 3, last year, Ruana and three other men held up employees of a third level airline and stole K1.2 million in cash.
The court also heard that Ruana and the three men threatened the employees with factory-made firearms before stealing the money.
Ruana was charged for one count of Armed Robbery under the Criminal Code Act. He was detained at the police cells until he appeared for mention today.
When the allegations against him were read out, magistrate Gauli explained that because of the seriousness of the charge, he can only apply for bail at the National Court.
Police investigators have been given two months to conduct investigations into this case.
Ruana is now remanded at the Bomana Prison outside Port Moresby.