Three alleged members of a syndicate have been arrested for the theft of R42m rand from Postbank.
The SA Post Office says two of the suspects were Post Office employees.
Sapo spokesperson Lungile Lose said a task team, forensic experts as well as Sapo staff were
responsible for catching the three.
Lose said the syndicate opened several Postbank accounts across the country late last year, and during the New Year holiday period gained access to a Rustenburg Post Office employee's computer and made deposits from other accounts into their own.
Over the next three days, automated teller machines in Gauteng, the Free State and KwaZulu-Natal were used to withdraw cash from the accounts.
