South Africans arrested in London

Former Port Elizabeth accountant Leslie Sieff stands accused of money laundering in England after a Scotland Yard raid on his London safety deposit company. The raid, a culmination of a two-year long investigation, revealed containers with gold bars, drugs, jewellery, 17th-century masterpieces and £53,5-million in cash. Criminals are thought to have used the boxes for depositing ill-gotten gains. Sieff (60) was arrested with his co-directors Milton Woolf (52), who is also South African, and Jacqueline Swan (44). They've been released on bail and the investigation continues. Sieff holds British citizenship and left South Africa in the 1980s with his wife and two sons. His company was targeted after London Metropolitan Police suspected that it had breached money-laundering legislation. Sieff lives in a multi-million-pound home in Golders Green, North London. He is also a director of the Hampstead School of English, where his wife Jill is principal. Sieff matriculated from Grey High School in 1965. His father was a doctor. After he emigrated, his parents, Morris and Ethel, emigrated to Canada.