Three men caught for breaking currency law

2010-08-06 11:08

Three men will appear in the Polokwane Magistrates Court today

after they were allegedly caught with over $500 (about R3 600) in cash, Limpopo

police said.

Lieutenant Colonel Mohale Ramatseba said: “Police arrested three

suspects on Wednesday for contravening the Currency and Exchange Act and also

contravening the Income Tax Act relating to foreign currency.”

Police were doing a routine stop-and-search operation on the road

between Makhado and Polokwane when the money was discovered.

“It was found concealed in a speaker box in the boot of the car.

The suspects were allegedly transporting the money, to the value of about R3.6 million, from a business in Musina to the other one in Johannesburg,” Ramatseba

said.

Members of the Commercial Crime Unit in Limpopo were investigating.


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