'Kidnappers’ arrested for holding Durban businessman ransom for R10m

'Kidnappers’ arrested for holding Durban businessman ransom for R10m

Two men arrested this week in connection with the kidnapping of a Durban businessman are due to appear in the city's magistrate's court on Thursday.

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Police say the 60-year-old man was leaving his business on Umgeni Road in July when he was accosted by four armed men.


They forced him into their vehicle.


The elderly man was held hostage for seven days.


His family received a ransom demand of R10 million, which was paid.


KwaZulu-Natal police spokesperson Thembeka Mbele says detectives traced the money to a family trust in the Free State.


"On 10 October 2021 police received information tracing the money to a family trust in Bloemfontein. An operational plan was put in place and they proceeded to Bainsvlei in Bloemfontein, where they arrested two suspects.


“Police seized electronic items, two rifles, a 9mm firearm which were used in a commission of crime for investigation. The investigative team is still looking for the remaining suspects which were part of the kidnapping.


"The two suspects are said to appear in the Durban Magistrate’s Court on 14 October 2021 for charges of kidnapping and extortion."


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