Man arrested for money laundering, corruption and racketeering

African News Agency (ANA)

Man arrested for money laundering, corruption and racketeering
Two suspects arrested for being in possession of uncut diamonds

A 33-year-old man was arrested for money laundering, corruption and racketeering over the weekend in the Western Cape, police said.

Captain Lloyd Ramovha said the man, who was allegedly running an illicit licensing and police clearance operation, was arrested by the Unit’s Anti-Corruption members at his home in Belhar on Sunday.

“Almost R5.3 million cash, several ID documents as well as two vehicles were seized during the search and seizure operation,” Ramovha said.

Commenting on the arrest, acting Head of the Hawks in the Western Cape, Brigadier Mzwandile Ndlovu said: “This is undoubtedly a telling blow to the underworld, we remain unequivocal in the fight against organized crime as it ranks very high in our mandate”.

The suspect is expected to appear in the Bellville Magistrate’s Court on Tuesday.

Police said investigations are continuing.

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SOURCEAfrican News Agency (ANA)