Agliotti lifestyle audit reveals R78m tax bill

2013-08-18 14:00

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Sars claims the crime boss laundered Kebble’s mining money

Convicted drug dealer and one-time murder accused Glenn Agliotti laundered millions into overseas bank accounts, the SA Revenue Service (Sars) has claimed in court papers.

The money, Sars says in an affidavit before court and in the possession of City Press, came from murdered mining magnate and fraudster Brett Kebble.

The affidavit, by senior Sars manager Pieter Engelbrecht, is the result of an inquiry Sars conducted into Agliotti’s tax affairs.

During its investigation, Sars says it found evidence that Agliotti received almost R40 million from Kebble’s JCI mining company and a subsidiary before and just after the tycoon’s murder in September 2005.

Agliotti was among those who stood trial for the murder of Kebble, who was killed in what is believed to be an assisted suicide.

He was acquitted on the charges.

Sars says Agliotti admitted during a tax inquiry that Kebble also paid money into his Clariden Bank account in Geneva, Switzerland.

After Kebble’s death, the former mining magnate’s billion-rand fraudulent business deals were exposed.

Sars believes Agliotti and his overseas bank accounts received and transmitted money that Kebble stole and that Agliotti is implicated in money laundering.

Agliotti, however, launched a blistering attack on Sars this week, telling City Press the agency’s allegations against him are “rubbish” and they should “stop acting like the (now disbanded) Scorpions”.

Sars claims in the affidavit:

» Agliotti used an account called Springs Lights as a vehicle to receive R39 million from JCI. R18 million was in “consulting fees”;

» A company of which Agliotti’s wife was a director “borrowed” R16 million from a JCI subsidiary; and

» At a tax hearing, Agliotti was confronted with a receipt showing that R11 million was paid into the Springs Lights account between 2004 and 2006.

Agliotti denied that he ever took stolen money from Kebble and hid it in his overseas bank accounts.

He admitted the money came from JCI, but said it was allocated for “projects like counterintelligence operations” and was paid out to a variety of security companies.

Agliotti is best known to South Africans as a convicted drug dealer, crime boss and the man who corrupted former police commissioner Jackie Selebi.

But today he claims he is rehabilitated, loves to help others and is penniless.

Sars has a very different version.

The tax body has already slapped a tax bill of almost R78 million on Agliotti for unpaid taxes and penalties incurred between 2003 to 2008.

Sars submitted the affidavit to the North Gauteng High Court in October last year when it applied for Agliotti’s provisional sequestration.

The order was granted.

The agency is now preparing for Agliotti’s final sequestration. He has not indicated that he is opposing this.

Agliotti has previously been sequestrated and Sars seized his moveable assets in 2010.

His cars were on hire purchase and, at an auction, his assets only fetched R30 000. There are no properties registered in his name.

» Sars says:

Glenn Agliotti still lives the high life. In court papers, Sars claims that Agliotti owes the taxman R78 million and:

» Drives a Rolls-Royce;

» Boasts about a yacht in the Mediterranean;

» Gave money to his former fiancée, paid her bond and bought “extravagant jewellery” for her and other people;

» Bought a BMW for his former fiancée’s daughter, settled her university fees and paid for overseas trips;

» Recently got divorced from his wife, but still lives at the same address as her, a luxurious villa on an exclusive golf estate. Sars also believes there was an “ulterior motive” for the divorce;

» Failed to disclose a family trust and a host of companies in which he has an interest; and

» Has at least two overseas bank accounts – one in Geneva and one in Guernsey on the Channel Islands.

» Agliotti says:

It’s all “rubbish”. He claims that:

» He’s penniless;

» “The Swiss bank account has been closed and Sars knows it.”

» “The (bank account) in Guernsey was opened 30 years ago and there’s not a cent in it.”

» His tax bill is “maybe a million or two, but R78 million is ridiculous. Good luck to them. They’ve already sold what I had. That’s it.”

» His divorce was genuine, he’s moved out of the golf estate and he’s now sharing an apartment with his daughter;

» There is no yacht; and

» It’s his brother who drives a Rolls-Royce, not him.

» Talk to us: Whose version do you believe, Sars or Agliotti’s?

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