Hawks arrest two for R46mil fraud

Two directors of a construction company have been arrested by the Directorate for Priority Crime Investigation officers. They are suspected of a multi-million rand tax fraud.

Yasmena Pillay, 65, and Mogamat Rafiek Davids, 55, made their appearance in the Specialised Commercial Crime Court in Port Elizabeth.

“It is alleged that from 2010 to 2017 the company failed to submit Value Added Tax returns valued at R46 million to the South African Revenue Service (SARS),” the Hawks said in a statement.

During the investigation, the Hawks found out that the company had not been registered as an employer at SARS.

The suspects were granted an R1,000 bail each. The matter was scheduled for August 13.

Leave a Comment

Your email address will not be published.

You may like

In the news
Load More