Woman and her company sentenced for tax evasion

0
1142

A 33-year-old woman and her company, FNBrand 828 (Pty) Ltd, appeared before the Bloemfontein Magistrate’s Court on Friday 26 August 2022. The owner, Thandi Precious Letlabika, was convicted and sentenced for contravening the Tax Administration Act.

According to the Hawks’ spokesperson, Captain Christopher Singo, a preliminary probe by the South African Revenue Services (SARS) uncovered that Letlabika and her company’s fraudulent activities cost SARS more than R600 000 during the 2019/20 period.

“The matter was reported to the Hawks team based in Bloemfontein and Letlabika was served with a summons on 9 July 2021. She appeared in court on several occasions, culminating in her recent conviction this past Friday,” says Singo.

The court sentenced Letlabika to two years imprisonment, wholly suspended for five years, on the condition that she repays SARS the total amount of R190 000 on or before 26 July 2027. The company was fined R200 000, wholly suspended for five years.

Compiled by Bonolo Moloi
bonolo@centralmediagroup.co.za