WESTERN CAPE. – Police have arrested a man (44) in Watergate after a large amount of cash and three signal jamming devices were found at an address in Mockingbird Street. This follows the theft of R449 000 on Monday 9 November from a businessman's vehicle in Section Street in Paardeneiland. The businessman from Maitland was on his way to the bank when he stopped there. On his return, the vehicle was open and the money was gone. He suspects a signal jammer was used to prevent the vehicle from locking.
Const. Ndakhe Gwala, police spokesperson, says the task team against economic crime received information that suspects had divided the money at the address in Watergate. The task team and the police unit for counterfeit and illegal goods searched the premises and seized an undisclosed amount of cash and devices.
The man was arrested on suspicion of possession of stolen property and will appear in the Mitchells Plain magistrate's court once he is charged.
This article is an automatic English translation of a Nuusflits article originally published in Afrikaans. Read the Afrikaans original.