Thieves steal jewels worth R4bn from London deposit box. Can it happen here?

Highly organised thieves stole diamonds and other valuable jewels worth almost R4-billion from a depository in London.

They, reportedly, abseiled down a lift shaft and used specialised equipment to cut through the thick doors of an underground vault.

The thieves had no trouble disarming what was thought to be a sophisticated alarm system.

Listen to the audio (scroll down) for an interview with Wayne Becker, Co-Founder & Director of KnoxVaults. He discusses the likelihood of something similar happening in South Africa.

This is not the first robbery to have happened at that depository in London. What we have in place would’ve stopped what happened in the UK.

Wayne Becker, Co-Founder & Director of KnoxVaults

They need to do a polygraph test of all employees to make sure it wasn’t an inside job.

Wayne Becker, Co-Founder & Director of KnoxVaults

You get a 90 percent discount on your insurance if you place your valuables in a safety deposit box.

Wayne Becker, Co-Founder & Director of KnoxVaults

We have absolutely no idea what’s in our safety deposit boxes.

Wayne Becker, Co-Founder & Director of KnoxVaults

It costs between R200 and R600 for your own safety deposit box.

Wayne Becker, Co-Founder & Director of KnoxVaults

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by NEWSROOM AI

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