21 August 2012 07:29 AM | By James Francis
SA’s Big Tax Dodgers

Chris Grib

SARS (© Gallo Images)
  • SARS (© Gallo Images)
  • Shoprite chairman Christo Wiese (© Gallo Images)
  • Dave King (© Gallo Images)
  • SARS Letters (© Gallo Images)
  • Brett Kebble (© Gallo Images)
  • Leonard Chuene (© Gallo Images)
  • Irvin Khoza (© Gallo Images)
  • Clothing designer (© Gallo Images)
Gallo ImagesShow Thumbnails
Previous1 of 11Next
Share this Gallery

Chris Grib

When stadiums were being built for the 2010 FIFA World Cup, a lot of shady deals appear to have gone down to secure tenders. One of these, Lefika Emerging Equity, recently made headlines again when its co-owners - including Kaizer Chiefs general manager Bobby Motaung - were detained on fraud charges. But the saga goes back to 2009, when the company’s CEO Chris Grib skipped the country after it was discovered Lefika used a forged tax clearance certificate. SARS has not disclosed how much the company owes in tax, but you can bet it’s a substantial amount. Grib returned to SA, as he was arrested along with the other owners.


News & Features

  • Sweet, Sweet Money(©Bury photocuisine Corbis)

    With sugar levels sure to go into overdrive this Easter weekend, we count down the five biggest candy-loving holidays by money spent, and check out some other interesting facts about Easter...

  • Insurance quotes  Getty Images

    Choosing the right insurance company needs to be a calculated, well-informed decision. When doing this, the most valuable weapon in your arsenal would be expert, up-to-date, cost-comparing services that are relevant, competitive and time-saving.

  • Zwelinzima Vavi  Gallo Images

    Cosatu president Sidumo Dlamini on Wednesday condemned those who threatened to "dump" general secretary Zwelinzima Vavi if he campaigned for the ANC.

  • Audit  Gallo Images

    Draft regulations and a related explanatory memorandum for hedge funds were published for public comment on Thursday, the Financial Services Board (FSB) and Treasury said.

  • Bheki-Ntshalintshali,-Sdumo-Dlamini-and-Zingiswa-Losi  Gallo Images

    Cosatu general secretary Zwelinzima Vavi is back to doing the trade union federation's work and campaigning for the ANC, its president Sidumo Dlamini said on Wednesday.

  • ATM  Gallo Images

    More than a fifth of complaints to the banking ombudsman in the past year involved automated teller machines (ATMs), according to its annual report released on Wednesday.

  • Hospital  Gallo Images

    The National Credit Regulator (NCR) issued a compliance notice to a credit bureau for keeping information about the medical status of consumers on its records.

  • Joseph Mathunjwa  Gallo Images

    A strike fund set up by the Association of Mineworkers and Construction Union (Amcu) has received R1 million, The New Age reported on Wednesday.

  • Sir Alex Ferguson  Associated Press

    Sir Alex Ferguson's famous collection of vintage wines is going on auction, with auctioneers Christie's expecting to raise over R50 million from the famous Scot's selection.

You and your business

  • Online  Anatoliy Babiy\Getty Images

    Many small business owners perform the role of maintaining their enterprise’s online presence, which generally includes the website or blog, and social media channels like Facebook, Twitter and Pinterest.

  • Customer Service   Getty Images

    Perhaps I’m just getting grouchier but on the whole it seems as though the level of customer service in South Africa is going from dismal to downright appalling...

  • Thinking  Tomas Rodriguez Corbis

    No one person can do everything, and understanding how to pick your tasks is a key step towards making the best use of your time. Make these choices second nature before starting your tasks to make 2014 one of the most productive yet.

  • Getty Images   Getty Images

    Every year a plethora of new business management books hit the shelves, all claiming to contain the secrets to entrepreneurship success.