DStv Channel 403 Sunday, 17 November 2024

SARS: Over 400 South Africans named in Panama Papers investigation

JOHANNESBURG - The South African Revenue Service says over 400 South Africans have been named as persons of interest in the so-called Pandora and Panama Papers.

READ: Panama law firm heavily implicated in 'Pandora Papers' revelations

Speaking with eNCA, SARS Commissioner Edward Kieswetter says the revenue collector has been working closely with international partners to identify wealthy individuals trying to dodge the taxman by concealing some of their assets offshore.

SARS has been given R4.5-billion by National Treasury to beef up its infrastructure.

 

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