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S. Africa's banking association concerned about rise in cash-in-transit attacks

Source: Xinhua   2018-05-21 21:33:30

JOHANNESBURG, May 21 (Xinhua) -- The South African Banking Risk Information Centre (SABRIC) on Monday raised concern on the rise in cash-in-transit (CIT) heists in the country.

This comes after many attacks on CIT vehicles in various parts of the country. Last Friday two CIT vehicles were attacked at the same time in Johannesburg.

Kalyani Pillay, CEO of SABRIC, said they are collaborating in threat surveillance, risk detection and tactical support with relevant authorities to stop the attacks.

"As an organization whose members comprise CIT companies, SABRIC is gravely concerned and alarmed about the crisis proportions CIT attacks have reached. This negatively impacts on the country and economy, investor confidence, our member banks and CIT companies, the public and society," said Pillay.

Pillay called on government and law enforcement authorities to put special interventions in place to end the current scourge of violent CIT attacks.

SABRIC wants CIT attacks to be treated as a priority crime.

Pillay said there should be CIT provincial investigations teams and ensure that such cases are systematically compiled and prosecuted.

South Africa's parliamentary portfolio committee on police will hold a special meeting on CIT heists on June 13.

Pillay said this would give legislators an opportunity to implement some operations and legislative interventions to stop CIT heists.

He expressed hope that the special session will improve coordination amongst role players in preventing and combating CIT heists.

Editor: ZD
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S. Africa's banking association concerned about rise in cash-in-transit attacks

Source: Xinhua 2018-05-21 21:33:30

JOHANNESBURG, May 21 (Xinhua) -- The South African Banking Risk Information Centre (SABRIC) on Monday raised concern on the rise in cash-in-transit (CIT) heists in the country.

This comes after many attacks on CIT vehicles in various parts of the country. Last Friday two CIT vehicles were attacked at the same time in Johannesburg.

Kalyani Pillay, CEO of SABRIC, said they are collaborating in threat surveillance, risk detection and tactical support with relevant authorities to stop the attacks.

"As an organization whose members comprise CIT companies, SABRIC is gravely concerned and alarmed about the crisis proportions CIT attacks have reached. This negatively impacts on the country and economy, investor confidence, our member banks and CIT companies, the public and society," said Pillay.

Pillay called on government and law enforcement authorities to put special interventions in place to end the current scourge of violent CIT attacks.

SABRIC wants CIT attacks to be treated as a priority crime.

Pillay said there should be CIT provincial investigations teams and ensure that such cases are systematically compiled and prosecuted.

South Africa's parliamentary portfolio committee on police will hold a special meeting on CIT heists on June 13.

Pillay said this would give legislators an opportunity to implement some operations and legislative interventions to stop CIT heists.

He expressed hope that the special session will improve coordination amongst role players in preventing and combating CIT heists.

[Editor: huaxia]
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