Company and two directors sentenced for R7-million tax fraud, ordered to pay SARS debt

  • 📰 News24
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

A company and two of its directors who were involved in the controversial Kimberley Diamond Cup Skateboard Championship have pleaded guilty to several charges of tax fraud involving R7 million in the Specialised Commercial Crimes Court in Kimberley.

The initial three accused are Rumesh Bavasah, Ukesh Bavasah and Ebel Anwar, but the charges against Ukesh Bavasah were withdrawn whilst Rumesh Bavasah and Anwar entered into a plea agreement.A company and two of its directors who were involved in the controversial Kimberley Diamond Cup Skateboard Championship , formerly the Maloof Money Cup, pleaded guilty to several charges of tax fraud involving R7 million in the Specialised Commercial Crimes Court in Kimberley on 18 September.

HRA Trading and its directors, Rumesh Bavasah and Ebel Anwar, admitted in their plea that they conspired to violate the Tax Administration Act and defraud SARS. They submitted false returns for Company Income Tax and Value Added Tax for 2018 to the tune of almost R7 million. According to a letter and report to the department in July 2019, the Auditor-General expressed concern about the tender to organise the championship, build offices and supply office equipment.It appears that HRA Trading not only organised the skateboarding championship, but also undertook construction work and provided furniture even though this was not a tender requirement.

The Kumba Skateboard Park in Kimberley where the Kimberley Diamond Cup Skateboard Championships took place.The department allegedly paid for services and goods that were never received.

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:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines