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

Chris Grib

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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.


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