A 38-year-old Nigerian national identified as Seriki, has been arrested in South Africa after police found a substantial amount of currency and several bank cards in his possession.

 

The suspect was arrested by members attached to the Provincial Operational Command Centre in Parklands, Cape Town on Tuesday, May 13, 2025.

The provincial police spokesperson, Captain Frederick van Wyk, said the officers were armed with information about drug dealing and descended on a residence in Holly Crescent in Table View.

 

“A search ensued, which led to the discovery of a substantial amount of foreign and South African currency in excess of R1 million (N88m). Not only did the members find the cash, but also a bag with bank cards belonging to various people,” van Wyk said.

 

“The occupants of the residence could not provide a valid reason for possessing the items, and the 38-year-old suspect was subsequently arrested on suspicion of possession of suspected stolen property and conspiracy to commit cybercrime.”

 

The suspect will be appearing in the Cape Town Magistrate’s Court on Thursday, May 15.

“Detectives attached to our Provincial Organised Crime, Commercial Unit will investigate the case and might add more charges as the investigation unfolds,” van Wyk added.