Cape Town - Controversial businessman Mark Lifman has lost another battle in his protracted fight to prevent SA Revenue Services from carrying out warrants of execution against his moveable assets to recover outstanding taxes of R352 million.
In judgment, the judge said: “There is no indication that an injustice will result from a failure to suspend the execution. On the contrary, this application appears to be an abuse of the process. It follows that there are no exceptional circumstances justifying a stay of the execution proceedings.” In April 2015, Sars obtained civil judgments and a warrant of execution against his moveable assets but Lifman launched an urgent application, which was dismissed. Sars then resumed execution steps, which led to the second urgent application in which he sought to stay the execution process pending an application for leave to appeal, which was dismissed with punitive costs in November 2015.
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Taxman wins R352m court case against businessman Mark LifmanThe high court has ended a five-year cat-and-mouse chase between alleged Cape Town mafioso Mark Lifman and the taxman over more than R352m. How much money did he make?
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Taxman gets go-ahead to seize R352m from controversial businessman Mark LifmanThe high court has ended a five-year cat-and-mouse chase between alleged Cape Town mafioso Mark Lifman and the taxman over more than R352m. Drop in a ocean He must be very much rich, so much tax🙅 This guy is a true gangster
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Taxman gets go-ahead to seize R352m from controversial businessman Mark LifmanThe high court has ended a five-year cat-and-mouse chase between alleged Cape Town mafioso Mark Lifman and the taxman over more than R352m. Drop in a ocean He must be very much rich, so much tax🙅 This guy is a true gangster
Source: SundayTimesZA - 🏆 47. / 51 Read more »