Former Telkom chief executive Sipho Maseko has been convicted for failing to submit tax returns for five companies where he served as a director. The Palm Ridge Magistrate’s Court heard that the companies failed to file 85 returns covering employee taxes, VAT and corporate income tax over several years. An admission-of-guilt fine of 85-thousand-rand was paid on behalf of the companies, and all outstanding returns have since been submitted to SARS. The case forms part of Project Honey Badger, a joint initiative involving the tax authority, the Hawks and the National Prosecuting Authority.
Former Telkom boss convicted over missing tax returns