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Staggering R120 million stolen from ATMs in last month’s violence in South Africa

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A staggering R120 million was stolen from ATMs during last month’s riots in South Africa. The South African Banking Risk Information Centre says over 1,200 ATMs and 310 bank branches were vandalised. Looters broke some of the ATMs by force and 82 branch safes were also breached. The South African Banking Risk Information Centre says any suspicious transactions should be reported to the Financial Intelligence Centre.

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