State-capture implicated filmmaker faces tax evasion charges
appeared in the Johannesburg Specialised Commercial Crime Court yesterday where he was granted bail of R100 000.
Ka Ndlovu, his co-accused tax practitioner Rodney Mutsharini and Maxwell Mloyi appeared in court on several fraud and tax evasion charges, allegedly spanning several years, reports News24.
The state argued that Mutsharini submitted Ka Ndlovu's personal income tax returns via e-filing for the 2016, 2017, 2018 and 2019 financial assessment years. The charge sheet states that Mloyi acted with common purpose, along with Ka Ndlovu, when they misrepresented the personal income tax returns submitted to SARS.
According to TimesLIVE, the state alleges that Ka Ndlovu made misrepresentations in his income tax and corporate tax for his company Ambrobrite which resulted in SARS losing R25m.
In 2021 former partner at Bain SA, Athol Williams, revealed at the State Capture Commission that his company paid R3.6m a year to Ambrobrite – which is co-owned by musician Mandla KaNozulu – for strategic advice on procurement and introduction to political leaders.
He said the advisers were usually former CEOs and former public sector officials or Bain partners and that being paid R3.6m a year was not what they usually pay for such advisers.
He said Bain was also expected to pay Ambrobrite a success fee as part of the contract.
Article disclaimer: While we have made every effort to ensure the accuracy of this article, it is not intended to provide final legal advice as facts and situations will differ from case to case, and therefore specific legal advice should be sought with a lawyer.
