Low-cost cigarette manufacturer Gold Leaf Tobacco will have to wait until the end of January to try to convince a court that its frozen assets should be released.
The Chairperson for the South African Tobacco Organisation (SA Tobacco), Raees Saint, says the tobacco market will shrink should the new Bill be put in place, therefore companies will have to let s.
The South African Revenue Service says it has caught buccaneer capitalist Simon Rudland and his associates managing a transnational plunder network that involves billions in illicit tobacco and gold cash, a vast money laundering racket and involving the corrupting of five Sasfin bank officials.
Gold Leaf prepares to fight back after Sars freezes GLTC s assets iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.