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Kilos of gold stolen from watchmaker Rolex

A foundry worker has been arrested after 15 kilos of gold - worth more than $AU21 million - was stolen from luxury watchmaker Rolex.

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Source: AFP, SBS


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A foundry worker has been arrested after more than 15 kilos of gold - worth amost €15 million ($AU21.83 million) - was stolen from luxury watchmaker Rolex.

Rolex, whose status-symbol wristwatches cost several thousand euros/dollars apiece, says the employee, a temp, admitted stealing five kilograms of gold from the plant in Plan-les-Ouates, Switzerland.

The man's lawyer, Francois Canonica, said he has been detained and charged with theft and breach of trust.

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"Whether he should be blamed for the extra 10 kilos remains an open question," said the lawyer.

"It appears that the security system put in place by Rolex - supposing it has one - has shown its limitations," Canonica added.


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