Asset manager murdered in holiday home
A Cape Town investment manager was found murdered in his holiday home
The Cape Times reported that Alexander Otten, 53, was found dead at his ransacked holiday home near Velddrif on Saturday.
Otten, owner of Northstar Asset Management, had his hands and feet tied and a plastic bag over his head.
He also had a head wound.
Police spokesman Warrant Officer November Filander said the motive for murder was linked to the robbery of his household goods.
According to the report, investigators found footprints at the back of the lodge, Vlamink Vlei A, leading to the beach.
Two suspects, aged 22 and 26, were arrested in St Helena Bay on Monday and will appear in the Vredenburg Magistrate’s Court on Wednesday.