LIMPOPO – Nicolas Fouché was convicted of money laundering in the Lephalale Magistrate’s Court on Tuesday.
The 25-year-old was arrested by police at the Stockpoort Border Post in 2019, on his way to cross the border into Botswana.
Read more: Man arrested at border with R1,75 million in cash
According to a statement released by Hawks Provincial Spokesperson, Capt Matimba Maluleke, Fouche attempted to take R1,75 million in cash into Botswana.
“Fouche was stopped by officials on 7 August 2019 and asked if he had anything to declare. A search revealed cash hidden in the boot of his car,” Maluleke said.
Fouche was arrested for contravening Exchange Control Regulations and the Customs and Excise Act.
“Further investigations led to the arrest of a second suspect, but charges against him were later withdrawn. Fouché was granted bail of R150 000 after making various court appearances,” Maluleke added.
Fouche’s case was postponed until 15 September for sentencing, Maluleke concluded.
