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Hunt on for Cape Town executive’s kidnappers

schumi

Honorary Master
Joined
Mar 26, 2010
Messages
19,160
#1
. Cape Town - Another Cape Town businessman was kidnapped, following a pattern that has seen several Muslim businessmen kidnapped for ransom both in the city and elsewhere in the country.

While no information has been forthcoming from the family of wealthy businessman Liaqat Parker, it is believed that the 65-year-old was abducted yesterday morning.

Parker is the founder member of the Foodprop Group, which owns the Foodworld chain of supermarkets.

He also sits on the board of investment group Brimstone.

He and his brother Rashied are partners in a company called FPG Property Fund.
More at : https://www.iol.co.za/capeargus/news/hunt-on-for-cape-town-executives-kidnappers-15928241
 

schumi

Honorary Master
Joined
Mar 26, 2010
Messages
19,160
#2
Kidnapped Cape Town businessman still missing as kidnappers reportedly demand 50 Bitcoin in ransom

As the manhunt continues for those who kidnapped Cape Town businessman Liyaqat Parker, kidnappers have reportedly demanded a ransom in Bitcoin.

A senior source with direct knowledge of the case said the ransom demand was 50 Bitcoin, which translated to about R4.3 million.

Family spokesperson and attorney Walid Brown, however, told News24 on Wednesday, "I don't have such information although I also saw the rumour."

This was as Netwerk24 reported that the kidnappers made the demand for the hefty ransom via email on Tuesday, according to sources.

Asked to confirm whether the ransom demand was true, Western Cape police spokesperson Captain FC van Wyk said there were no new developments to report about "this highly-sensitive case".
More at: https://www.news24.com/SouthAfrica/...merges-of-r50m-bitcoin-ransom-demand-20180711
 

phant1m

Well-Known Member
Joined
Jun 11, 2016
Messages
415
#4
From what I have heard it is a syndicate that originated from Mozambique. At one point they were doing it wholesale that side and it seems that they are no moving shop to S.A. Could be or others are trying their hand also.
 

Candystore

Senior Member
Joined
Jan 23, 2009
Messages
567
#5
Could also be because a lot of muslim merchants trade in cash, cough cough. So it's all stashed under the proverbial bed and it makes for easy access.
 
Joined
Jan 7, 2010
Messages
41,194
#6
Could also be because a lot of muslim merchants trade in cash, cough cough. So it's all stashed under the proverbial bed and it makes for easy access.
Well that makes sense why want the kidnappers want the ransom to be paid in bitcoin.


Wait a minute.
 

schumi

Honorary Master
Joined
Mar 26, 2010
Messages
19,160
#7
Kidnapped Cape Town businessman released

Cape Town businessman Liyaqat Parker, 65, has been reunited with his family after being held in captivity for more than two months.
The relieved Parker family confirmed his return in a statement on Tuesday morning, a day after he was released.
"The Parker family wishes to express their sincere gratitude to everyone who has walked this journey with them and provided physical, emotional and spiritual support. It is truly appreciated," the statement, which was released by PR company Networx, said.
Police spokesperson Lieutenant Colonel Andre Traut could not confirm Parker's release as an investigation into the "finer aspects" of the case is underway.
More at: https://www.news24.com/SouthAfrica/News/kidnapped-cape-town-businessman-released-20180918
 
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