SAPS warns stokvel clubs

2016-12-09 06:01

SAPS warning stokvel clubs to be vigilant and not become victims of crime and stokvel-related robberies and theft are prevalent at this time of the year.

SAPS says stokvel clubs must be proactive and adopt reasonable measures to safeguard their money.

“Instead of withdrawing large amounts of cash to pay club members, they must rather transfer money into bank accounts.

“Members who do not have bank accounts should be encouraged to open one. Clubs that have to pay cash to members, a practice which is inadvisable, should ensure they have a secure venue with adequate safety measures in place when dividing and paying members their share of the year’s savings,” said Colonel Thembeka Mbhele.

Stokvel clubs are also encouraged to request local police to patrol the vicinity of the venue where they are to make payments to members as this will deter criminal ele-ments.

“Members of stokvel clubs should be vigilant and take precautions to safeguard their money when making withdrawals at ATMs. They should not withdraw large amounts of money especially after hours when the streets are quiet and criminals are likely to be lurking around. They should rather ATMs in shopping malls during business hours when it is safer or where there are security officials on duty,” adds Mbhele.
- Supplied.

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