MBABANE:Kareem Ashraff,the influential, powerful and politically connected businessman allegedly established a company known as YGA Papers(PTY) LTD and subsequently defrauded the Eswatini Revenue Service(ERS) over R1million in Value Added Tax(VAT).
It has been disclosed that after learning that, the revenue authority was hot on his heels demanding the tax,Ashraff subsequently closed the company after fronting with Canaan Mdluli.
But Government and revenue collection systems confirm that,the company actually belong to Kareem Ashraff who owns various companies in the country,some that are then used as conduits to loot billions of public funds.
The Eswatini Revenue Service has instructed SV Mdladla and Associates to take Ashraff’s company to court in demand for the outstanding taxes amounting to R1,074,956.96.
The powerful and politically connected businessman declined to comment about the matter.
But this Swaziland News made some verification with the revenue authority and Government computer systems and discovered that, indeed the company belongs to Kareem Ashraff.
Documents sourced from the revenue authority confirm that, the company allegedly belonging to the SwaziPharm Director is allegedly owing the said amount to the Eswatini Revenue Service.
A screenshot confirming that, the company belong to Ashraff.