Gauteng Traffic Police have arrested three suspects in the West Rand after they were unable to explain the origin of large amounts of cash during a joint Okae Molao law enforcement operation.
The suspects were arrested yesterday during a random stop and search operation on the R41.
“In the first incident, a man aged 46 who was a passenger in a white Nyathi Taxi was arrested after being found carrying cash amounting to R34 430,00 in a suspicious manner. The suspect could not give a clear explanation as to why he was carrying the cash thus failed to account,” said Gauteng Traffic Police’s Sello Maremane.
“In another incident, two men aged 48 and 54 were passengers in a Toyota Yaris which was also used as an Uber were found carrying cash amounting to R112 000 which they could not account for. The total cash confiscated by the police amounts to R146 430.” Said Maremane.
The three suspects were arrested for money laundering and are currently detained at Kagiso police station.“The suspects are expected to appear at the Kagiso Magistrate’s Court in due course to face charges relating to money laundering amongst others,” said Maremane.
Maremane said money laundering poses a significant risk in the growth of our economy. “Money laundering poses a significant risk in the growth of our economy and has far reaching implications since most of these monies are not subjected to tax regulations. Anyone found in possession of money that cannot be accounted for will be arrested immediately without fear or favour,” he said.
