New curator in multi-million rand tax dispute is a 'hired gun', says Mpisane
Durban – The Durban High Court on Wednesday granted the appointment of a new curator to preserve the seized assets of multi-millionaire Durban couple Shauwn and S’bu Mpisane, despite Shauwn’s alleged attempts to delay the process.
Cloete Murray will now take over curatorship of the Mpisane assets. He was last week appointed liquidator of facilities management company African Global Operations, formerly Bosasa, which has been linked to multiple acts of fraud and corruption through the Commission of Inquiry into State Capture.Shauwn argued through her legal representative, Shane Dayal, that there was no urgency in appointing a new curator as the dispute between SARS and Strydom and Mudzusi had been ongoing since 2017.
Dayal confirmed the dispute, claiming his client was due a refund for overpaying on PAYE and income tax. Both Strydom and SARS told the court the curators would walk away from maintaining the assets on 1 March, which would leave the assets vulnerable to being disposed of by the Mpisanes and hamper the SARS investigation.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New curator in multimillion-rand Mpisane tax dispute is ‘hired gun’The Durban High Court granted the appointment of Cloete Murray, despite Shauwn Mpisane's alleged attempts to delay the process.
Read more »
WATCH: Samsung launched four new S10 devices | IOL Business ReportNamed the S10, S10+, and all-new S10e then the company went even further to launch the new Galaxy Fold, a smartphone that turns into a tablet.
Read more »
Here is why El Chapo may get a new trial | IOL NewsSix jurors ignored US District Court Judge Brian Cogan's orders, perusing social media and discussing the information they discovered. ElChapo
Read more »
Zimbabweans queue outside banks as new currency begins trading | IOL NewsQueues formed outside banks in the Zimbabwean capital Harare as the central bank opened trading of a new currency, a Reuters witness said.
Read more »
Subaru teases new VIZIV concept ahead of Geneva showSubaru is teasing the eighth concept model of the VIZIV hybrid sports SUV series with single, shadowy image. Subaru is planning to unveil its 2019 VIZIV concept model in the same place that the first of the line made its world premiere in 2013: the Geneva Motor Show. In just a couple of weeks, the latest of the series will be in the limelight, and from the teaser Subaru released Tuesday, it looks like it's going to be a crossover.
Read more »
New 'Scorpions' may use crooks' money for fundingAs finance minister Tito Mboweni did not allocate more money to the National Prosecuting Authority (NPA) in the 2019 budget, government may use the proceeds of crime seized by the Assert Forfeiture Unit to fund the new state capture directorate.
Read more »