The tax fraud and money laundering case against former ANC MP Vincent Smith has been postponed again. | TebogoMonama
Former ANC MP Vincent Smith's tax fraud case has again been postponed.
Smith appeared briefly in the Palm Ridge Magistrate's Court in Johannesburg on Tuesday. He will be back in court again in August for a High Court date. The tax fraud charges stemmed from Smith and his company's failure to disclose taxable income between 9 March 2009 and 11 July 2018, totalling R28 million.Smith stands accused in his personal capacity and as a representative of his company, Euroblitz 48. He has been charged with corruption for gratifications he allegedly received from Bosasa in the form of security upgrades to his home in Gauteng.
He also faces charges for allegedly accepting cash transferred into his and his company's bank accounts from Bosasa and other people unknown to the State.
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