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Couple in court over alleged R51m VAT scam

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Cape Town – Businesses scamming South Africa’s tax authority were sent a warning on Tuesday, after two people appeared in court for allegedly defrauding the national fiscus of about R51m.

Married couple Fazel and Amina Karodia appeared in the Johannesburg Regional Court on Tuesday for their alleged involvement in a sophisticated multi-million rand fraudulent value-added tax (VAT) refund scam, according to SA Revenue Service (Sars) spokesperson Sandile Memela.

They were released on bail of R75 000 and R25 000 respectively and the case has been postponed to 20 January 2016, he said.

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