|In the closing stages of the Anglo-Boer War, Paul Kruger, president of the South African Republic of Transvaal and the face of the resistance against the British, was said to have absconded with all of the riches of his nation when he fled from encroaching British troops in 1900. |
In the 1880s Kruger had issued orders that if the British threatened the capital city of Pretoria the entire reserves of the national bank - gold bullion and coins - should be put on wagons and hidden in the African plains. Following his evacuation, Kruger lived out the last four years of his life in exile before dying in Switzerland. Most Boer leadership were killed and the location of the Krugerrand fortune has never been revealed.