R90m in stock and assets looted from Dunlop Westville warehouse
The goods stolen from the warehouse are now being sold online.
SUMITOMO Rubber South Africa (SRSA), the manufacturer of the Dunlop tyre brand, said its Westville warehouse was invaded unlawfully and vandalised on Sunday, July 11 and is aware that much of the stolen stock is now being sold online.
Groups of unidentified individuals were seen making off with tyres in the warehouse and the videos are still circulating on social media.
The CEO of SRSA, Lubin Ozoux, said there would be a substantial impact on the Dunlop business as well as the entire value chain that includes employees, the community and the supply chain.
“We strongly condemn these illegal actions. Looted commodities are being offered at prices much lower than the normal pricing on numerous social media posts. This is a clear indication that these items have been looted. We do not support, under any circumstance, the purchase of goods from anyone other than reputable manufacturers and suppliers,” he added.
Businesses across KwaZulu-Natal and Gauteng were brought to their knees by the widespread theft, vandalism and arson.
ALSO READ: SAPS urges looters to voluntarily hand in stolen goods or face criminal prosecution
“The economic impact of the anarchy and destruction will be massive, in a country which was already grappling with low economic growth and alarmingly high unemployment levels,” said Ozoux.
Tips to spot looted goods:
– Bulk listed items are a red flag.
– A drastically reduced price is seen as another red flag.
– If the seller is unable to provide proof of purchase on a brand new item, it could mean it has been obtained illegally.
“Purchasing items known to have been stolen in large quantities during the looting only does further damage to our country’s economy. It is almost the equivalent of stealing these goods yourself,” he added.
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