Home | News | SIPHO WILL BE CHARGED WITH TAX EVASION - STATE

SIPHO WILL BE CHARGED WITH TAX EVASION - STATE

14/02/2018 01:05:00 BY NTOMBI MHLONGO

Font size:

MBABANE – It never rains but pours for murder suspect Sipho Shongwe.

The State is now investigating all companies linked to him as it has a strong suspicion that he was involved in organised crime involving money laundering activities.

A charge of tax invasion will also be added against Shongwe who stands charged with the murder of prominent businessman and football administrator Victor Gamedze.
This means that Shongwe will now be facing three charges as the Crown also previously indicated that a charge of attempted murder would be added against him. He is currently in custody for the charge of murder.

Some of the companies owned by Shongwe include Gree- Swaziland (PTY) Limited, Si- Manie Investments ( Proprietary ) Ronns Swaziland, V- Trac Investments (Proprietary) Limited, Mafutha Unlimited Investments.
According to an investigation done by the Swaziland Revenue Authority (SRA), it was allegedly discovered that all these companies were allegedly invading tax.

The investigation which was conducted by SRA Investigations and Intelligence Manager Malibongwe Dlamini revealed that Shongwe’s companies had outstanding tax in respect of Income Tax.

In an affidavit, Dlamini disclosed that during a tax compliance check, he discovered the following about Shongwe’s companies: Gree Swaziland is not registered for tax purposes; Si- Manie Investments (Proprietary) Limited was registered for tax purposes but had a tax outstanding of E14 215.86 in respect of income tax; Ronns Swaziland is registered under TIN 101474384 and had an outstanding tax of E57 365.37 while V- Trac Investment was registered under TIN 104664142 and had an outstanding of E1 237.76 in respect of Income Tax.

Investigations

He also disclosed that his investigations revealed that Shongwe had co-directors in all the companies.
“Some of the companies belonging to the applicant (Shongwe) do not even appear to be paying tax. The companies owe large amounts of tax,” submitted Shongwe.