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‘Sars must have intrusive investigating unit. It must not be a toothless tiger!’

27 November 2019 9:01 AM
Tags:
SARS
Tito Mboweni
The Money Show
Bruce Whitfield
South African Revenue Service
Ernie Lai King
finance minister
nugent commission
One Road Consulting

Ernie Lai King (One Road Consulting) discusses Minister Mboweni’s support for an intrusive investigative unit at Sars.

Sars should have an “intrusive” investigating unit, Finance Minister Tito Mboweni said on Tuesday.

The Nugent Commission of Inquiry previously also suggested such a unit.

Finance Minister Tito Mboweni. Picture: Cindy Archillies/EWN

…Sars must have significant intrusive powers, not only to deal with taxpayers concealing information on income received but also to counter illegitimate trades (and financial flows) in commodities such as tobacco, liquor and counterfeit goods… Sars must not be a toothless tiger when dealing with tax evasion and illegitimate trades and financial flows…

Tito Mboweni, Minister of Finance

The Money Show’s Bruce Whitfield interviewed Ernie Lai King (One Road Consulting) about Mboweni’s support for an intrusive investigative unit at Sars.

Listen to the interview in the audio below.

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27 November 2019 9:01 AM
Tags:
SARS
Tito Mboweni
The Money Show
Bruce Whitfield
South African Revenue Service
Ernie Lai King
finance minister
nugent commission
One Road Consulting

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