Man arrested with unwrought gold granted bail of R50 000

11:13 (GMT+2) Tue, 12 Nov 2019
Stock photo: Pixabay

A 43-year-old man arrested in connection with illegal possession of unwrought gold was granted R50,000 bail at the Kempton Park Magistrate's Court on Monday

Hawks spokesperson in North West Captain Tlangelani Rikhotso said Gregory Fourie was arrested in Sebenza, Edenvale on Friday for illegal possession of unwrought gold.

Earlier this year media reported his alleged links to an armed robbery where unwrought gold worth R35 million was stolen in Stilfontein on 18 February 2019.

Rikhotso said the hawks investigated and traced Fourie to a hideout in Sebenza.

She said the premises were thoroughly searched and a piece of unwrought gold weighing 700 grams, estimated to be worth R500,000, as well as R900,000 in cash were seized.

Rikhotso said investigations on the seizure were ongoing.

Police also confiscated cell phones, a diamond tester, diamond loop and gold transaction notes reflecting transactions in excess of R25 million.

The case against him was postponed to 13 February 2020 for investigation.

- African News Agency (ANA);