News Column

Sars seeks Agliotti's assets to settle bill

February 11, 2014



AN order to sequestrate convicted drug dealer Glenn Agliotti's estate was made final yesterday, Sars said.

Sars would consider what course of action to take against Agliotti, picture below, and the cost of further legal steps, including a tax inquiry, spokesman Adrian Lackay said.

Sars would also consider whether it would pursue assets that might be held by third parties on behalf of Agliotti.

Sars was granted a provisional order for the sequestration of Agliotti's property in November. Agliotti owed Sars more than R70 million in income tax and VAT, Lackay said.

In October it was reported that Sars submitted an affidavit claiming that Agliotti had divorced his wife to prevent Sars from having full access to all his assets. - Sapa

Cape Argus


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Source: Cape Argus (South Africa)


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