Fake VAT claims: Woman handed suspended sentence in Tshwane court for defrauding SARS

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A woman was handed a suspended sentence in Tshwane for defrauding the South African Revenue Service.
A woman was handed a suspended sentence in Tshwane for defrauding the South African Revenue Service.
Gallo
  • A woman has been handed a suspended sentence for defrauding SARS.
  • She was found to have submitted fake VAT claims.
  • A warrant of arrest has been issued for her alleged accomplice.


A woman has been handed a suspended sentence in Tshwane for defrauding the South African Revenue Service (SARS).

Georgina Chinwe Obiageri Nwanyanwu was found to have fraudulently claimed VAT returns from SARS. She also faced charges of money laundering.

According to a statement by the National Prosecuting Authority (NPA):

As the sole director of Georgina General Trading, Nwanyanwu submitted VAT201 returns for the periods 2008 until 2010, improperly claiming VAT refunds amounting to R875 115. Once she received the VAT refunds in her business account, she immediately transferred 91% of the refund into another bank account registered under Michel Akakpo, who was also an active participant in this syndicate.

Akakpo is accused of submitting illegal VAT refunds of more than R320 000, according to the NPA.

A warrant of arrest has been issued for the arrest of Akakpo on charges of fraud.

Nwanyanwu's sentence of 12 years' imprisonment was wholly suspended for five years on the condition that she was not convicted of fraud or theft committed during the suspension period.

"On the second charge of money laundering, she was sentenced to 15 years' direct imprisonment without the option of a fine, wholly suspended for five years, on condition that she is not found guilty of committing the offence of money laundering," the statement read.


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