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Risks in carrying cash

PA Wellington It was time that those carrying large sums of cash regularly woke up to the risks they were taking, said the national chairman of the security industry association, (Mr P. W. Hedges) in a statement.

He said that foolhardiness in carrying such large unprotected sums had been a factor in two street robberies in the last three days.

"Companies in particular are putting an unfair and in some cases intolerable burden on their employees by asking them to transport large amounts of cash around the streets, particularly when few or no precautions are taken,” he said. He referred to an alleged robbery of two businessmen of $lO,OOO on their way to a bank in Wellington and to another of an Auckland hotel employee as he carried the takings to a “safe place” after closing time. He said that his association, which represented more than 90 per cent of the security industry, was so concerned that it had recently introduced a code of practice relating to the carrying of cash.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19770706.2.159

Bibliographic details

Press, 6 July 1977, Page 30

Word Count
175

Risks in carrying cash Press, 6 July 1977, Page 30

Risks in carrying cash Press, 6 July 1977, Page 30