LIMPOPO – The Directorate for Priority Crime Investigation welcomes the sentencing of Nicholus Fouche (25) for laundering R1 750 000-00 by the Lephalale Regional Court yesterday, 15 September 2020.
On 07 August 2019, its reported that Fouche was en-route from Gauteng Province to Botswana when he was stopped by the officials at the Stockpoort Port of Entry near Lephalale. He was asked if he had anything to declare to the Customs officials before crossing the border into Botswana and his response was that there was nothing to declare.
The officials thoroughly searched his vehicle and to their astonishment, a stash of R1 750 000-00 cash was found hidden inside the bag in the boot of his vehicle and he was subsequently arrested.
Fouche made several court appearances and was granted R150 000-00 bail until he was convicted on 11 September 2020 by the same court for contravention of the Exchange Control Regulations of 1961. His sentencing was postponed to 15 September 2020.
Yesterday as Fouche stood in the dock for his sentencing. On count 1 of Money laundering, he was sentenced to four (4) years imprisonment wholly suspended for five (5) years on condition that he is not found guilty of the same offence during the period of suspension. On count two (2) which is fraud, he was sentenced to five (5) years direct imprisonment. Furthermore, the R1 750 000-00 has been forfeited to the state.
Source: South African Police Service