Share

Fidelity CEO on R1.6m cash stash found in Ekurhuleni: 'It was stolen by our workers'

The stash of more than R1m that was found at a house in Ekurhuleni on Monday was stolen by two Fidelity employees, the company said.

Fidelity CEO Wahl Bartmann told News24 that the two employees had been caught when they only handed in some of the bags at the depot.

Bartmann said they had been working closely with the South African Police Service on the case. 

"We spotted them on the cameras and arrested them that same night. We have been working day and night and doing everything we can." 

He said the money that was recovered was estimated to be about R1.6m. 

READ: 4 arrested after large amounts of cash found buried in Tsakane and Springs

"How we knew that the money belonged to us, is the bags have barcodes on and that is how we linked them."  

"We have our own advocate who will assist with the prosecution and the dockets."

EMPD spokesperson Chief Clifford Shongwe said a reliable source had led them to the house on Monday evening, where they found a couple with "a lot of money in their possession" that made them suspicious.

"They then led us to a hole which they dug to hide a trunk full of undisclosed cash."

Shonge said the 58-year-old man who lived in the house then lead them to a woman who lived in Springs.

The EMPD also discovered a large sum of money at her house.

They arrested three women and one man, he added.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Voting Booth
Should the Proteas pick Faf du Plessis for the T20 World Cup in West Indies and the United States in June?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes! Faf still has a lot to give ...
67% - 944 votes
No! It's time to move on ...
33% - 463 votes
Vote
Rand - Dollar
18.80
+1.1%
Rand - Pound
23.49
+1.3%
Rand - Euro
20.10
+1.5%
Rand - Aus dollar
12.28
+1.0%
Rand - Yen
0.12
+2.8%
Platinum
923.40
-0.2%
Palladium
957.50
-3.3%
Gold
2,336.75
+0.2%
Silver
27.20
-0.9%
Brent Crude
89.01
+1.1%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.2%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE