A G4S driver allegedly stole around £1 million in coins from his van as he abandoned the automobile on a London avenue this week. On Tuesday morning, the protection defends reportedly fled with 40 deposit packing containers after leaving the cash-in-transit van on a leafy south London road. The blue armored van, protected with G4S emblems, sat on a double yellow line on Larkhall Rise, Clapham, for eight hours before the police have been alerted, it turned into pronounced. A nearby resident suspicious that the van became parked up in a residential place had appeared inner and visible “strips of paper with ‘mum,’ ‘dad’ and get in touch with numbers” and grew involved that someone was harmed, the Sun reported.

G4S motive force 'steals £1m from security van after leaving the automobile 1

The Metropolitan Police’s elite Flying Squad unit launched research, and a 36-12 months-old man was arrested on suspicion of robbery in neighboring Brixton on Wednesday afternoon. Several coins were recovered, and G4S, a principal government contractor, stated no “cloth” financial effect from the incident. A Scotland Yard spokeswoman said: “Police had been called at approximately 7 pm on Tuesday, 23 April to reviews of a theft of cash deposit boxes from a coins-in-transit vehicle.

Officers attended a location inside the Larkhall Rise region of Clapham in which the car became parked. There was no sign of compelled access to the vehicle. A research became released by the Met’s Flying Squad, and a 36-yr-antique guy became arrested by way of officials on suspicion of theft at approximately 3 pm on Wednesday, 24 April in SW2. He has been taken to a south London police station. An amount of coins has been recovered.

Police stated inquiries have been continuing into the incident.

A G4S spokeswoman said: “These incidents are infrequent in our UK Cash business, and we’re running closely with the Metropolitan Police to solve the matter. The financial impact isn’t material. It comes as the safety company is reviewing for a capability sale of its armored van division after reporting a 55pc plunge incomplete 12 months profits.

Many private equity companies and public corporations have shown hobby within the asset, despite the fact that G4S warned last month that a sale now becomes not assured. The FTSE 250 business enterprise added that it might nonetheless spin the delivery unit off in a demerger, partial separation, or public listing.