In the next few weeks we will learn about this company, it's employees and employees whom were forced and bullied into resigning, even being threatened that they will "Never work in South Africa Again", and others that were dismissed. Instead of the company protecting it's employees they were treated with utmost disrespect, while the employees themselves gave their full support to the team doing a Forensic investigation. Some were even escorted off the premises, while it took months for the company to oblige with normal statutory documents that these people are entitled to.
While some people are still in their employ, even though they took part in the so-called fraud.
What is quite amazing is the fact that one of the owners bought a farm in Bela-Bela, built a R2,000,000.00 house and after the roof gave in, demolished this multi million rand house and started building a house of apparently R10,000,000.00. While this same man gave orders to his employees to withhold VAT invoices so that the SARS do not owe them money, and may ask for an Audit on the company. Further more one of the ladies that resigned had to count out more than a R1,000,000.00 in cash (Apparantly more than once), IN CASH that were kept on the premises, to pay the Contractor building this house. This company also have a shop on the premises that get's funded from the company and apparently VAT is claimed from the company , yet the cash that is made by this shop does not go into the books of the company and neither is the VAT charged for goods sold in this shop reflected on the company's VAT records.
We will in the coming weeks launch our own Investigative journalism into the saga where roumors have it that many inside changes were done by staff, on orders by certain management staff to make sure that SARS do not do an audit on the firm.
It was found that the same man that the owners gave a job as Financial Director, had a previous run-in with the law. They took him on, knowing what he has done before. And the most funiest part of it all is that they gave this man full power of Attorney to handle with the company's finances as he saw fit.
We will keep you posted on this matter, as it seems very unfair towards employees after they have just done whatever orders they were given by management.
Seems the Raubenheimer's are stealing their own money as I am sure he can not show on his tax that he received all this millions from his company to buy a farm, build a house for R2 million then break it down and build one for R10 million.Now he says his employees stole his money. Apparently as the rumour goes they stole R12 million. Add the R2 million with the R10 million he wasted on two houses... then he might find out where his R12 million went to. wonder how much did the raubenheimer's steal from Sars? A person must be damn stupid to get a jail bird and make him the financial director in your company, while also giving that jail bird power of attorney to handle with the companys' finances as he feels to do. Looks like this jail bird did nothing wrong then. And neither did the employees, as they did not get paid out of company accounts. While the owner spent R12 million on two houses.... Makes a person think, doesn't it?
ReplyDeleteTowing is the process of pulling or drawing road vehicles, and heavy machines, tractors, and anything which people can want to tow. Tow Truck Sydney.
ReplyDeleteCBT offer a complete car tow service and roadside assistance 24 hours 7 days. Good old-fashioned courteous towing service is as much a part of CBT’s culture as our promise of reliability.
ReplyDeleteIt is a very informative and useful post thanks it is good material to read this post increases my knowledge. Emergency towing sydney
ReplyDelete