COMPANY DIRECTOR ORDERED TO PAY BACK MONEY TO SARS
MPUMALANGA: Ndumiso Humphrey Fundo Dlozi (38) was ordered to pay back the total of R114 999.42 after he was found guilty of defrauding the South African Revenue Service (SARS) in the year 2014 and 2015.
Investigation revealed that during that period, Dlozi, the sole director of Mangone Trading Enterprise cc, knowingly and intentionally submitted fraudulant tax returns, causing the actual loss of R114 999.42 with the potential of defrauding SARS, R1 978 709.87.
Through investigation, the Hawks Nelspruit based Serious Commercial Crime Investigation established that Dlozi paid another company R50 000 and extra R50,000 to an individual. The payments were invested as a result of these payments, Dlozi was further charged for money laundering.
Dlozi was sentenced by Nelspruit Commercial Court to three years imprisonment for money laundering with an option of R20 000 fine. Both Dlozi and his company were fined R100 000, which is wholly suspended for five years on condition that he is not found guilty of fraud.
The charges against the other company and an individual who benefited R50 000 each were withdrawn.
The Mpumalanga Acting Provincial Head of the Directorate for Priority Crime Investigation, Brigadier Danie Hall, welcomed the conviction.
