SA authorities eye cash in offshore tax havens‚ Fidentia ‘missing millions’ amid #PanamaPapers leaks

04 April 2016 - 19:00
By Ernest Mabuza

Curators are taking legal advice after the #PanamaPapers leak that showed hidden accounts linked to the Fidentia fraud‚ while the South African taxman is keeping a watch on unfolding leaks of companies and individuals using offshore tax havens.The South African Revenue Service (SARS) said on Monday it would act in a responsible and appropriate manner to deal with South African citizens who have been mentioned in the Panama Papers that detail the level of tax avoidance across the world.

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