Five accused, three companies released on bail

  • 📰 SATodayNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

South Africa Today, News source, provides breaking news on South Africa, world, Africa, sport, travel and more.

Mxolise Benedict Mona , the sole director of the company called “Black Brothers Productions” was arrested by the Hawks’ Nelspruit based Serious Commercial Crime investigation team on Thursday, 02 November 2023 for fraud, theft or alternatively contravening the provisions of section 235 and of the Tax Administrations Act, Act 28 of 2011.

It is alleged that during February 2019, the accused submitted fraudulent tax returns to the South African Revenue Service, claiming undue funds, where payments were made into the above mentioned business bank accounts, prejudicing the revenue service and causing an actual loss of R 464 550.28

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 44. in BUSİNESS

Business Business Latest News, Business Business Headlines