R1bn 'lost' to cash-in-transit robbers in 8 years - Hawks
5 September 2018
More than R1bn has been "lost" as a result of cash-in-transit robberies in the eight years between 2008 and 2016, according to the Directorate for Priority Crime Investigation (DPCI).
The DPCI, or the Hawks as they are more commonly known, granted a Public Access to Information Application (PAIA) lodged by News24, providing a five-page document that is apparently part of a presentation on cash-in-transit robberies.
According to the document, the highest cash losses were reported in 2014, a total of R213.9m and R187.7m in 2016.
"A total of R 1 071 430 410 cash amount was lost to the illicit market for the period under review," the document reads.