Connect with us

Hot News in World

R250m tax bill: SARS cracks down on ANC bigwigs – Report

LATEST FINANCIAL NEWS

R250m tax bill: SARS cracks down on ANC bigwigs – Report


Johannesburg – Top officials, politicians and businessmen of the ANC are facing tax claims of more than R250m on income earned from Bosasa, the services company at the heart of a widespread corruption scandal, the Johannesburg Sunday Times reports.

The South Africa Revenue Service (SARS) has concluded preliminary investigations that may lead to charges of under-declared income, overstated expenses and other misrepresentations against members of the ANC, Sunday Times said. Those on the SARS list, the newspaper reported, include:

  • Dudu Myeni, the chairperson of ousted president Jacob Zuma’s charitable foundation
  • Minister of Environmental Affairs Nomvula Mokonyane
  • Former National Prosecuting Authority prosecutors Nomgcobo Jiba and Lawrence Mrwebi
  • ANC lawmaker Vincent Smith and
  • Former correctional services commissioner Zack Modise

Angelo Agrizzi, Bosasa’s chief operating officer from 1999 to 2016, told the Commission of Inquiry into State Capture that’s probing corruption during Zuma’s rule that the company paid R300 000 a month to the former leader’s charitable foundation in return for protection from prosecution.




Source link

Continue Reading
You may also like...
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More in LATEST FINANCIAL NEWS

To Top
error: Content is protected !!
Top