Concourt hammers unlawful social grants company

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The Constitutional Court has ruled that there’s no reason for CashPaymaster Services to delay providing documents on its expenses and income from its socialgrants contract. Moneyweb sassagrants

The Constitutional Court has again directed that the provisional liquidators of Cash Paymaster Services must hand over documents to independent auditors to establish what profits it made from the unlawful social grants contract. Read: CPS has still not revealed how much profit it made from social grants contract “Compliance with the order is not optional and there is thus no reason to delay compliance,” the court has ruled.

Read the judgment. The court said there was no need for the taxman to become involved in the matter because the order did not affect its rights, obligations or duties in any way and “this court has no jurisdiction in any tax dispute between CPS and SARS”.

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