Ryan Wedding co-accused granted bail as U.S. extradition case proceeds

A Calgary man has been granted bail as he fights his extradition to the United States on charges that he allegedly laundered hundreds of millions of dollars for fugitive Ryan Wedding’s cocaine trafficking empire.

A B.C. Supreme Court justice in Vancouver ruled Tuesday that the man, 32-year-old Rasheed Pascua Hossain, can be released from jail and enter house arrest at his family’s home in Calgary. He must wear an ankle monitor and abide by a number of conditions such as not possessing a cellphone.

The judge also granted a transfer of Mr. Pascua Hossain’s extradition case to an Alberta court. Mr. Hossain is battling U.S. charges that he conspired to distribute cocaine and possess cocaine with intent to distribute it, and that he conspired to export cocaine and launder monetary instruments.