Prom­i­nent busi­ness­man charged for tax fraud

Lesotho Times - - News - Tefo Tefo

PROM­I­NENT maseru busi­ness­man Ashraf Abubaker ap­peared be­fore the maseru Mag­is­trate’s Court this week fac­ing 24 counts of tax-eva­sion.

mr Abubaker is charged to­gether with his com­pany, Phamola Care­tak­ers (Pty) LTD.

He ap­peared be­fore mag­is­trate monyake Hla­banyane on mon­day and was re­leased on m10 000 bail. He also paid a sim­i­lar bail de­posit for his com­pany, and put up a mercedes Benz S500 as surety. The case con­tin­ues on 6 April.

Phamola are re­tail­ers of live­stock, mohair, hides, fruits, veg­eta­bles, ice and house­hold elec­tri­cal ap­pli­ances.

Part of the charge sheet reads: “In that upon or about the 17th day of Novem­ber 2014 and at or near Maseru within the ju­ris­dic­tion of this honourable court, Ac- cused one and Ac­cused Two…de­lib­er­ately or reck­lessly failed to ap­ply for reg­is­tra­tion of Ac­cused one as re­quired by sec­tion 17(1)(a) of the VAT Act 2001 de­spite hav­ing made tax­able sup­plies the tax­able value of which ex­ceeded the reg­is­tra­tion thresh­old of m850 000.00 for the pe­riod be­gin­ning 1st Novem­ber 2013 and end­ing 1st Novem­ber 2014.”

“…Ac­cused one, rep­re­sented by Ac­cused Two, is guilty of con­tra­ven­ing sec­tion 175(1), read with sec­tion 128(1) of the In­come Tax Act, in that at or near Maseru within the ju­ris­dic­tion of this honourable court, Ac­cused One be­ing a tax­payer in terms of the In­come Tax Act, did not file on the due date or at all, in­come tax re­turns in re­spect of tax pe­ri­ods (1994 to 2005).”

Ad­vo­cate Thabo mpaka is rep­re­sent­ing mr Abubaker in the case, while Ad­vo­cate Lech­esa ma­hao pros­e­cutes.

prom­i­nent lo­cal busi­ness­man Ashraf Abubaker.

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