(Corrects date of arrest to March 5 from March 11)
JOHANNESBURG, March 25 (Reuters) - An executive director of South African technology firm Pinnacle Holdings allegedly offered a 5 million rand ($460,400)bribe to a senior police official in order to win a contract for his company, police said on Tuesday.
Takalani Tshivhase was arrested after he allegedly offered the bribe to a Lieutenant General in the South African Police Service in order to win a contract to provide the police service with field equipment, police said in a statement.
Tshivhase, who has denied the charges, was arrested on March 5 and released on bail that day, police said. His court case has been postponed until April 24 to allow for further investigation, police said.
($1 = 10.8610 South African Rand) (Reporting by David Dolan; Editing by Ed Stoddard)