Smoking Gun: Tobacco tycoon's tussle with tax authority unravels

Loading player...
The year ended badly for Julius Malema funder - and alleged cigarette smuggling kingpin - Adriano Mazzotti. His Carnilinx was among a group of tobacco manufacturers that failed in their urgent bid to interdict SARS against installing CCTV cameras at their warehouses. In his reaction, Tax Justice South Africa’s Yusuf Abramjee calls on the Fair Trade Independent Tobacco Association (FITA) to come clean on what they have to hide. He also speaks to BizNews about the modus operandi of the big crime syndicates; some of their tax avoidance tricks; the lack of law enforcement against the crime lords; the lifestyle of the kingpins; and Dubai as a hub of criminal operations - and a destination of choice for fugitives from the law. - Chris Steyn
4 Jan 2024 5AM English South Africa Investing · Business News

Other recent episodes

BNC#8 Mteto Nyati Q&A - Power, politics, and the fight to keep South Africa’s lights on

A candid, high-stakes conversation unpacks Eskom’s turnaround, leadership challenges, and South Africa’s energy future. From coal versus renewables to rising costs, corruption crackdowns, and global competitiveness, the discussion cuts through popular narratives and tough realities. With insights on policy, innovation, and national interest, it reveals how strategic decisions, not slogans,…
31 Mar 5AM 33 min

(Ret.) Col Chris Wyatt: Ramaphosa and Trump, fuel and war…

South Africa's foreign relations are under renewed pressure. At the same time, the country is being hit with the fall-out from the Iran war. In his latest interview with Chris Steyn, US intelligence analyst, retired Colonel Chris Wyatt dissects the rhetoric flying between Washington and South Africa over its exclusion…
30 Mar 3PM 16 min