Two businessmen 38-year-old Kishene Chetty, 43-year-old Harry Milanzi and Outsurance employee Ravin Ramlall – all linked to a R13.9 million-fraud and tax evasion matter have appeared in the Pretoria Magistrate’s Court.
The accused Chetty, Milanzi and Ramlall, who facilitated the submissions of the tax returns face 18 counts of fraud, one count of misrepresenting the broad-based black economic empowerment status of an enterprise and five counts of tax evasion.
The court on Thursday heard that the SA Revenue Service (SARS) suffered actual prejudice for R 13 942 216.
The crimes were allegedly committed during the 2015 to 2021 periods of SARS tax assessment.
Evidence led in court was that Isimbali Trading and Projects (Pty) Ltd, was registered and incorporated in 2012. Milanzi was listed as the sole director of the company.
However, Chetty was the only one who had the authority to transact on the account of Isimbali Trading and Projects (Pty) Ltd.
Ramlall, who is a relative of Chetty, acted in concert with Kishene Chetty, Harry Milanzi, and a tax practitioner.
The tirio are accused of making misrepresentations in the tax returns of Isimbali resulting in actual financial prejudice amounting to R9.5 million being suffered by SARS.
They also failed to declare value-added tax levied on the amounts charged to the SA Police Service (SAPS) to SARS.
The value-added tax collected from the SAPS but not paid to SARS was R4,4 million.
SARS suffered a total financial loss in the amount of R13,9 million.
All three accused were arrested on Wednesday following an investigation by the National Prosecuting Authority’s Investigating Directorate working in collaboration with SARS.
The matter returns to court for a formal bail hearing.