Business Report

Foreign national arrested in Parklands with over R1 million in cash and stolen bank cards

Robin-Lee Francke|Published

The cash found on Tuesday morning.

Image: SAPS

A 38-year-old foreign national has been arrested after police found a substantial amount of currency and several bank cards in his possession on Tuesday in Parklands.  

The suspect was arrested by members attached to the Provincial Operational Command Centre. 

The provincial police spokesperson, Captain Frederick van Wyk, said the officers were armed with information about drug dealing and descended on a residence in Holly Crescent in Table View. 

“A search ensued, which led to the discovery of a substantial amount of foreign and South African currency in excess of R1 million. Not only did the members find the cash, but also a bag with bank cards belonging to various people.”

The bank cards discovered at the residence.

Image: SAPS

“The occupants of the residence could not provide a valid reason for possessing the items, and the 38-year-old suspect was subsequently arrested on suspicion of possession of suspected stolen property and conspiracy to commit cybercrime,” van Wyk said. 

The suspect will be appearing in the Cape Town Magistrate’s Court on Thursday, May 16. 

“Detectives attached to our Provincial Organised Crime, Commercial Unit will investigate the case and might add more charges as the investigation unfolds,” van Wyk said. 

robin.francke@iol.co.za

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