Four held for possession of gold

Gold bars weighing one kilogram each sit on a table in the vault of gold vendor ProAurum in Munich, Germany, on Tuesday, Aug. 23, 2011. Gold advanced to an all-time high above $1,910 as investors sought to protect their wealth against financial turmoil amid speculation that the global economy is slowing. Photographer: Guenter Schiffmann/Bloomberg

Gold bars weighing one kilogram each sit on a table in the vault of gold vendor ProAurum in Munich, Germany, on Tuesday, Aug. 23, 2011. Gold advanced to an all-time high above $1,910 as investors sought to protect their wealth against financial turmoil amid speculation that the global economy is slowing. Photographer: Guenter Schiffmann/Bloomberg

Published Jul 16, 2012

Share

Johannesburg - Four men have been arrested in Johannesburg for possession of gold, the Hawks said on Monday.

Colonel McIntosh Polela said the Hawks were on routine patrol when they stopped a Volkswagen Golf with four occupants on Sunday.

They searched the vehicle and discovered gold weighing 1.558kg.

Polela said the men, aged between 28 and 32, were all foreigners and could not explain how they had come to be in possession of the precious metal.

They would appear in the Hillbrow Magistrate's court on Tuesday, on a charge of illegal possession of unlicensed gold.

Their residential status would also be verified with Home Affairs, Polela said. - Sapa

Related Topics: