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Thread: Hunt on for Cape Town executive’s kidnappers

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    Default Hunt on for Cape Town executive’s kidnappers

    . 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...ppers-15928241
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    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/N...emand-20180711
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    are the several muslim businessmen from the same sect?

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    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.

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    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.

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    Quote Originally Posted by Candystore View Post
    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.

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