BUSINESSMEN CHETTY AND MILANZI APPEAR IN COURT FOR DEFRAUDING SARS
R13.9MILLION
Three suspects linked to R13.9 million fraud and tax evasion matter have appeared before the
Pretoria Magistrates court today.
Kishene Chetty(38), Milanzi Harry Milanzi (43 ) who was on paper the sole Director of Isimbali
Trading and Projects (Pty) Ltd, and Ravin Ramlall , an employee of Outsurance, who facilitated
the submissions of the tax returns are facing 18 counts of fraud, one count of misrepresenting
the broad-based black economic empowerment status of an enterprise and five counts of tax
evasion. SARS suffered actual prejudice for R 13 942 216- 2 because of the crimes committed
during the 2015 to 2021 periods of assessment.
Isimbali Trading and Projects (Pty) Ltd, was registered and incorporated in 2012 and Harry
Milanzi was listed as the sole director of the company. Kishene Chetty was the only one who
had the authority to transact on the account of Isimbali Trading and Projects (Pty) Ltd. They are
accused of making misrepresentations in the tax returns of Isimbali resulting in actual financial
prejudice amounting to R9.5 million being suffered by SARS.
They also failed to declare value-added tax levied on the amounts charged to the SAPS to
SARS. The value-added tax collected from the SAPS but not paid to SARS was R4,4 million.
SARS suffered a total financial loss in the amount of R13,9 million. Ravin Ramlall who is a
relative of Kishene Chetty acted in concert with Kishene Chetty, Harry Milanzi, and a tax
practitioner whose name cannot be mentioned.
The trio was arrested yesterday following an investigation by the NPA’s Investigating Directorate
working in collaboration with SARS.
The matter returns to court tomorrow 16 March for a formal bail hearing.
