Tycoon not at home during raid

2011-06-02 10:10
Sars and Hawks officials raid Sibusiso Mpisane and Shaun Mkhize's mansion in La Lucia, Durban. (Darshan Rangai, The Witness)

Sars and Hawks officials raid Sibusiso Mpisane and Shaun Mkhize's mansion in La Lucia, Durban. (Darshan Rangai, The Witness)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

kalahari.com

Durban - Flashy multi-millionaire couple Sibusiso Mpisane and Shaun Mkhize were not at home to entertain some unwelcome guests in their typical lavish fashion on Wednesday, when members of the SA Revenue Service (Sars) and the Hawks swooped on their La Lucia house and business in an elaborate raid.

Authorities were tight-lipped about details of the raid as a large media contingent gathered outside the R15m mansion in Addison Drive, La Lucia, and passers-by slowed down to observe.

Although the whereabouts of the couple are unconfirmed, sources close to them say the two are holidaying on the party island of Ibiza in Spain.

The former Durban metro police officer and his wife are best known for their fleet of expensive cars - including a Rolls Royce Phantom and Lamborghinis - and the lavish parties that celebrities and politicians flocked to.

Tax-related investigation

Sars spokesperson Adrian Lackay said authorities had a search-and-seizure warrant and the raid was part of an ongoing tax-related investigation.

This being the first day of the raid, it is understood that authorities were scanning computers in the house for irregularities, as well as making an inventory of the couple’s assets for possible seizure.

In March last year Sars seized three vehicles worth nearly R17m belonging to the couple to cover unpaid taxes.

Sars took possession their Rolls Royce Phantom convertible - valued at about R7m - and two Lamborghinis valued at about R4.5m and R5m.

The Mpisanes threw a lavish party on New Year’s Eve, which was attended by National Police Commissioner General Bheki Cele and several celebrities.

Low income houses

The couple voluntarily handed over some of their moveable assets last year as surety and pledged to pay Sars over a few months.

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.

The National Home Builders’ Registration Council found defects in more than 1?000 of the 3?000 houses built by Zikhulise Cleaning and Transport, owned by the Mpisanes.

Of the defects, 30% were serious and would require major renovations.

Hawks spokesperson McIntosh Polela, declined to comment, saying the raid was the domain of Sars and that the Hawks merely assisted.



 

Read more on:    sbu mpisane  |  durban
NEXT ON NEWS24X

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
63 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
 

Don't be voting cattle, warns Tutu

Archbishop Emeritus Desmond Tutu has warned South Africans to think carefully before they cast their ballots on 7 May.

 
 

Latest elections multimedia

11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille
The EFF's ad was banned, see why
Why Jack Parow wants you to vote on 7 May
 
Traffic
Lottery
 
  • Tuesday Century City - 05:58 AM
    Road name: Ratanga Road Southbound
    ROADWORKS - lane closure between Ocean Spirit Avenue and Century Boulevard (until mid April)
  • Tuesday Mitchells Plain - 05:58 AM
    Road name: Spine Road
    ROAD CLOSED between Weltevreden Drive and Seafarer Drive due to roadworks (until mid April)
 
More traffic reports...
 

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Escape winter, head to Mauritius

Escape winter by spending 7 nights in Mauritius' tropical bliss from R13 215 per person sharing. Includes return flights, airport transfers and accommodation. Book now!

Kalahari.com - shop online today

Welcome on board the kalahari.com 24 hour sale on books!

Today only, buy 1 book and get 1 FREE on the top 100 books. Offer expires midnight 23 April. While stocks last. Shop now!

Get 50% off selected books!

Buy 2 books and get 50% off the second book. Offer valid while stocks last. Shop now!

Mother’s Day special offers!

Spoil mom with these awesome specials that will warm her heart. Shop now!

Twisp – the smoking alternative

Buy any 2 refills for R250 and save R149. Offer valid while stocks last. Shop now!

25% off bestselling books!

The Real Meal Revolution by Tim Noakes, Jeffrey Archer’s Be Careful What You Wish for, Man’s Search for Meaning by Victor E. Frank and many more titles. 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

BlackBerry Bold 9790

Bold Design The BlackBerry Bold 9790 smartphone combines the iconic BlackBerry...

From R2979.00

I'm shopping for:

Horoscopes
Aquarius
Aquarius

You may be constantly on the move, working too hard, networking and making sure everything is working and everyone is satisfied,...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.