The banking group says it has put two of its employees on precautionary suspension as it probes their relationship with tobacco producer Gold Leaf, whose assets have been frozen. | Fin24
JSE-listed banking and financial services group Sasfin says it has put two of its employees on precautionary suspension as it probes their relationship with cut-price cigarette producer Gold Leaf. freeze the assets of Gold Leaf and its two directorsThe tax agency has accused the tobacco group of owing up to R3 billion in back taxes, including interest and penalties payments. Gold Leaf has denied the claims.
It added it only became aware of allegations made by SARS this year that some of its employees may have conspired with Gold Leaf. The bank said that two employees have also been suspended as a"preliminary precautionary measure" without providing further information.
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