Three men arrested for money laundering

News South Africa

Tebogo Msimanga |

The Gauteng Traffic Police in Krugersdorp arrested three suspects  who were found with a large sum of money that could not be accounted for.

The arrests which are directly linked to money laundering incidents, happened on Thursday during a random stop and search operation.  

Gauteng Traffic Police Spokesperson Sello Maremane said in the first incident, a man aged 46 who was a passenger in a white Nyathi Taxi was arrested after being found carrying cash amounting to R34 430,00 in a suspicious manner. “The suspect could not give a clear explanation as to why he was carrying the cash thus failed to account.”

Maremane said in another incident, two men aged 48 and 54 were passengers in a Toyota Yaris which was also used as an Uber were found carrying cash amounting to R112,000.00 which they could not account for. He added that the total cash confiscated by the police amounts to R146 430.00.

The suspects were arrested for money laundering and are currently detained at Kagiso police station. 

They suspects are expected to appear at the Kagiso Magistrates Court in due course to face charges relating to money laundering amongst others.

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