Durban tycoon gets R50 000 bail

2011-06-02 19:09

kalahari.com

Durban - Shawn Mpisane, a controversial Durban tycoon facing tax-related charges, was granted R50,000 bail by the Durban Magistrate's Court on Thursday.

She handed herself over to the police on Wednesday after the SA Revenue Services and Hawks raided her posh Durban home on Wednesday.

According to the charge sheet presented in court, Mpisane is accused of unlawfully, falsely and with intent to defraud, misrepresenting submissions on the Vat 201 returns as correct. The money involved is around R2.5m, the court heard.

But her attorney, Themba Mjoli, argued during the bail application that the court should not take the figure as correct, saying that his client was involved in a civil claim with the SA Revenue Service.

"My client is involved in a civil claim with Sars. Sars owed her R10m because they assessed her at a particular figure," Mjoli said.

Mjoli said Sars had already paid Mpisane R6m and that R4m was still outstanding.

It emerged in court that Mpisane has a previous tax-related conviction. Mjoli said Mpisane had not deliberately defrauded Sars, saying she was not familiar with the issue of paying tax.

U-turn

Mpisane arrived in court in her SUV Porsche and when she saw a group of photographers and cameramen, she took a U-turn. She ended up parking her car some distance from the court.

Mpisane came under scrutiny when it emerged that her husband, Sbu Mpisane, a former Durban metro policeman, had been spotted driving expensive cars.

He was still a police office when the story broke.

It has been widely reported that the couple is super-rich with a fleet of luxury cars including a Rolls Royce Phantom and Lamborghinis. They also own a R15m mansion.

In 2009, it was reported that the couple had received R219m from the eThekwini municipality to build low-income houses on 4 500 sites in Umlazi.

However, the National Home Builders' Registration Council found defects in more than 1 000 of 3 000 houses built by Zikhulise Cleaning and Transport, owned by the Mpisanes. Of the defects, 30 percent were serious and would require major renovations.

The Mpisanes are known for their lavish parties, which are attended by politicians and celebrities.
- SAPA
Read more on:    sars  |  shawn mpisane
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
5 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Pre-order your iPhone 6 at kalahari.com

Hurry and pre-order your own iPhone 6 now at SA’s favourite online store!

Bargain box – 60% off

Reduced prices, very limited stock. While stocks last. Hurry and shop now!

Mind blow low prices on electronics

Get either the Prestigio multiphone or Proline tablet 7” tablet for only R699. Offers valid while stocks last. Shop now!

30% off Barbie toys

Save 30% on all Barbie toys and accessories. Offer valid while stocks last. Shop now!

Baby extravanganza month at kalahari.com

Celebrate baby month with a wide range of awesome baby products. Offers valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Something may be bothering you. A flooded mind and impulsive reactions are not a good combination as you are not thinking clearly....read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.