Sars investigates after allegations of R400 million in VAT to Gupta-linked companies

Sars investigates after allegations of R400 million in VAT to Gupta-linked companies

- Sars announced it is launching a comprehensive investigation into allegations that it paid millions of rands in VAT to Gupta-linked companies

- The Daily Maverick and News24 have reported they have evidence showing that over R400 million was paid across to these copmpanies

- Sars has stated it will investigate to the fullest in order to see if there have been any failures in governance processes or operational procedures.

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The South African Revenue Service (Sars) has announced it is launching an in-depth investigation into the payment of millions of rands in VAT to Gupta-linked companies and individuals.

The Daily Maverick’s investigative unit Scorpio and News24 have reported they have evidence showing how Sars illegally paid more than R400 million in these forms of payment.

READ ALSO: Free State MEC Mathabo Leeto allegedly calls all white people rapists

According to Scorpio and News24, the VAT refunds were paid into an attorney’s trust account to a shelf company.

Stories surrounding the Gupta’s get more and more horrifying on almost a daily basis.

READ ALSO: A funeral parlour gets blasted for Sbahle Mpisane post on social media

Briefly.co.za reported on when Lord Robin Renwick, a former British diplomat, launched his latest book, How To Steal A Country which details the allegations of state capture in which the Gupta Family along with Jacob Zuma allegedly stole an estimated R200-billion from the country.

Perhaps this latest revelation could have made for the start of a sequel.

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Source: Briefly.co.za

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