Three people arrested in Gauteng for illegal trading of precious metals valued at R10.2 million. Hawks uncover unauthorized gold dealership.
Key Points:
- Three suspects arrested for illegal trading of precious metals worth R10.2 million in Gauteng.
- Investigation revealed unauthorized gold dealership with expired permits.
- Hawks emphasize continued efforts to dismantle illegal mining and smuggling operations.
Three individuals, including a father and son, face charges related to the illegal possession and trade of precious metals valued at approximately R10.2 million in Gauteng.
Hawks Intercept Suspects at Crownwood Office Park
On Monday, the Directorate for Priority Crime Investigation (Hawks) arrested the three suspects. They intercepted two of them at the Crownwood Office Park. Lieutenant Colonel Lloyd Ramovha, spokesperson for the Hawks, confirmed that the operation began after authorities tracked the suspects’ movements.
One suspect had R100,000 in cash, while the other carried R70,000. Authorities suspect these amounts are proceeds from the illicit sale of gold, Ramovha explained.
Illegal Gold Dealership Uncovered
Investigations revealed that the office facilities operated as an unauthorized gold dealership. The permits had expired. During the search of the site, authorities uncovered significant quantities of gold and platinum ingots. These ingots were worth about R5 million. Additionally, the Hawks discovered cash totaling over R5 million on the premises.
Further searches at the office revealed additional evidence. They found scales, calculators, and safes, all pointing to the illegal nature of the operation. The three accused, aged 22, 24, and 62, now face charges. They are accused of possessing and trafficking gold and second-hand jewelry without proper authorization.
Ongoing Efforts to Tackle Illegal Mining and Smuggling
Ramovha emphasized the importance of this case, which highlights the Hawks’ ongoing efforts to dismantle illegal mining and smuggling operations. The police filed the investigation at Booysens police station. The suspects are set to appear in court on Wednesday, April 9. The court hearing was adjourned until Friday, April 11, for a bail application at the Johannesburg Magistrate’s Court.
Brigadier Phumeza Klaas, acting provincial head of the Hawks in Gauteng, praised the team’s exceptional efforts.
“The Hawks remain committed to eradicating illegal mining and smuggling networks. Criminals must understand that the law is unrelenting. We will continue using all resources at our disposal to combat these unlawful activities that exploit South Africa’s precious metals for personal gain,” Klaas said.
This operation serves as a reminder of the Hawks’ determination to tackle illicit activities that harm the country’s economy and security.
