The East London base Serious Commercial Crime Investigation (SCCI) team of the Hawks ensured Siyabonga Yona (40) and company Tamo Mivuyo Trading Pty Ltd appeared before East London Magistrate’s Court on 02 October 2023 for allegations of fraud and money laundering. Yona is a sole director of Tamo and Mivuyo Trading Pty Ltd.
On 23 June 2021, it is alleged that Yona submitted a fraudulent Value Added Tax (VAT) return documents to the South African Revenue Services (SARS) on behalf of his company Tamo and Mivuyo Trading. The allegations further exposed that after submission of VAT returns then SARS conducted its internal assessment and picked up red flags. The reports further state that as a result of fraudulent VAT returns that were submitted, SARS was prejudiced of an amount of over R400 000. Furthermore, the reports divulged that Yona failed to disclosed the company income to SARS for a period of 2021, therefore SARS was nearly prejudiced to an amount of over R300 000. The matter was reported to the Hawks for investigation.
Yona was then arrested by SCCI team of the Hawks on 02 October 2023 and he appeared at East London Magistrate’s court on the same day.
Yona is in police custody and the matter was remanded to 09 October 2023 for formal bail application.
The Provincial Head Major General Mboiki Obed Ngwenya has congratulated the East London based Serious Commercial Crime Investigation team of the Hawks for doing a tremendous job in making sure that the accused person faced the full mighty of the law.
Content retrieved from: https://www.saps.gov.za/newsroom/msspeechdetail.php?nid=48735.
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