Money Launderer Sentenced

News South Africa

Hlokomelo Mabogale |

The Limpopo Directorate for Priority Crime Investigation welcomed the sentencing of 25-year-old Nicholus Fouche. The Lephalale Regional Court on Tuesday 15 September 2020 found him guilty for laundering R1 750 000-00.

On 7 August 2019, Fouche was on his way to Botswana when he was stopped by the officials at the Stockpoort Port of Entry near Lephalale.

Hawks spokesperson Captain Matimba Maluleke said Fouche was asked if he had anything to declare to the Customs officials before crossing the border into Botswana, he said no

The officials searched his vehicle and they found R1 750 000-00 hidden inside the bag in a boot and he was arrested.

Before his sentencing, Fouche made several court appearances and was granted R150 000-00 bail until he was convicted on 11 September 2020 by the same court for contravention of the Exchange Control Regulations of 1961.

His sentencing was postponed to 15 September 2020 where he stood in the dock for his sentencing. He was charged for money laundering and sentenced to four (4) years imprisonment wholly suspended for five (5) years on condition that he is not found guilty of the same offence during the period of suspension.

R1 750 000-00 has been forfeited to the state.

Leave a Reply

Your email address will not be published. Required fields are marked *