R70m Sars fraud - probe continues

2011-03-14 21:43
Johannesburg - Twelve Metropolitan employees have been suspended for allegedly defrauding the SA Revenue Services (Sars) of R1.5m, the insurance company said on Monday.

"Metropolitan has suspended 12 employees from its Tzaneen office and will implement formal disciplinary action against the accused immediately," spokesperson Phillip Matlakala said in a statement.

The total extent of the fraud was estimated at R70m.

"It is anticipated that Sars' own investigation will uncover a much wider fraud scam to account for the rest of the R70m."

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

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
Comments have been closed for this article.

Inside News24


Rugby World Cup 2015

All the action from the 2015 RWC, including live coverage of all 48 matches, breaking news, fixtures, results, logs - and much more!


Rugby World Cup 2015

Ireland centre Payne out of RWC
LIVE: Samoa v Scotland
Jones: Japan can be 'team of the tournament'
LIVE: Australia v Wales
Traffic Alerts

The phrase for today is:”Out of the blue.” Expect the unexpected and work with the changeable energy. Your intuition is heightened...read more

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


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.


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.