Police find stolen cash stash in haystack

2010-09-03 00:00

MEMBERS of the Asset Forfeiture Unit yesterday seized nine vehicles, including seven minibuses owned by an Esikhawini man, Sibusio Xulu, who is an accused in a R1,5 million theft case in the Richards Bay area.

The crime was committed on September 19 last year.

In papers before the high court in Durban, national deputy director of public prosecutions, Knorx Molelle, said Xulu who was arrested on January 26, is currently on bail of R20 000 pending his trial.

He maintained there is a good chance he will be convicted.He said the investigation against Xulu and other suspects established that employees of G4S — a cash in transit security company — had conspired with a group of criminals to hand over money to them and falsely report it as a robbery to their employers and the police.

Xulu allegedly took part in the scheme and received a cut of the R1 527 383,93 that was stolen.

Molelle said that to date two accomplices (who would testify for the state) have directly implicated Xulu.

Xulu himself has also confessed to three robberies, including this one, made a pointing out and directed the investigating team to where the armoured vehicle was stopped and money was offloaded from it.

He also led police to the place where he had hidden his share of the proceeds of the robbery — a haystack where police recovered R66 500.

The rest of the stolen money has not yet been recovered.

Investigating officer Inspector Eric Nel of the organised crime unit at Cato Manor said the driver of the security van, E.L. Mbambo, and his crew member, S.S. Mtshali. had initially reported to police that they were robbed of the money as well as their firearms and ammunition.

In statements to police they claimed that two men — at least one of whom had a pistol — boarded the security vehicle at a red traffic light and sprinkled petrol in the van.

They alleged that the robbers threatened to set the van alight unless they co-operated. The assailants took contol of the vehicle and drove to a sugar cane field where they were tied up with cable and disarmed. Boxes of money were allegedly removed from the safe and transferred to a black BMW which had followed them.

Mbambo and Mtshali were arrested after police discovered R92 000 stashed in a bag at Mbambo’s home in Durban.

The conspiracy thereafter came to light.

Xulu’s vehicles seized in terms of the court order are five Toyota Hi-Aces, two Toyota Quantums, a Mazda 6 and a BMW 3 series sedan.

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