Taxman and police hunted Jackson
Strip king 'sent SARS falsified invoices for sports cars' May 6, 2010 10:42 PM
Strip king 'sent SARS falsified invoices for sports cars' May 6, 2010 10:42 PM
By SALLY EVANS, GABISILE NDEBELE and AMUKELANI CHAUKE
Strip king Lolly Jackson was the focus of a high-level investigation by the SA Revenue Service, the Hawks elite police unit and the police's organised crime unit before his death.
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Now, the estate of the 54-year-old Teazers boss will be handed to liquidators so that the R20-million that several of his businesses owe to the taxman can be recovered.
SARS was investigating Jackson for tax evasion and customs fraud.
He was also under investigation by the police for money laundering.
Soon, the Master of the High Court will appoint a liquidator to wrap up Jackson's estate.
His creditors will then line up, with the Receiver and banks first in line.
However, Jackson's advocate, Kenny Oldwadge, told The Times last night that all pending investigations against his client would be withdrawn.
Oldwadge confirmed that Jackson was being investigated for a number of offences, including money laundering and tax evasion.
He said it was SARS' "prerogative" to go after Jackson's estate following its investigation.
Jackson was allegedly gunned down on Monday night by the man he reportedly hired as a debt collector and extortion agent, a Greek Cypriot known as George Smith.
Oldwadge, who last saw Jackson "socially" over drinks at a restaurant, said he knew of his client's relationship with Smith but did not want to discuss it.
SARS spokesman Adrian Lackay said he could not comment: "SARS is compelled by confidentiality provisions in the Income Tax Act not to disclose the affairs of taxpayers publicly, including whether they are being investigated or not."
However, Jackson knew of the investigations and the stress they created appears to have started taking its toll.
A man close to Jackson, who spoke on condition of anonymity, said the strip boss was "losing it" and had become increasingly violent towards his staff.
He said the middle man - known as the "bank manager" - involved in the money-laundering racket in which Jackson was a big player, recently made a tell-all affidavit in his defence in a case in which Jackson was suing him for R1-million.
"Lolly got wind from his contacts that his former bank manager had written an affidavit and that the Hawks and SARS were now after him, which sent him into a panic," said the man.
He said Jackson met Smith through Czech billionaire fugitive Radovan Krejcir, wanted by Interpol in connection with murder and defrauding his government.
Krejcir's attorney, Ian Small-Smith, said his client had been assisting detectives in the murder investigation.
The Times has learned that Jackson would allegedly dodge import duties by buying exotic sports cars and supplying SARS with falsified invoices that stated the vehicles were second-hand and worth millions less than what he had paid for them, so his tax bill would be reduced.
Reports that Krejcir had reached a deal whereby he would not be extradited in exchange for his assistance in the murder investigation, were dismissed by justice department spokesman Tlali Tlali.
"There is no deal with the department of justice, the National Prosecuting Authority or the SAPS on the matter," he told The Times .
Tlali said a magistrate had initially decided that Krejcir was "unextraditable" and "following that, the state took a decision to have the matter reviewed and to be appealed against".
"That is where we are as far as the court proceedings are concerned and we are waiting for that process to be finalised," Tlali said.
He said his department would meet officials from the NPA and police today to discuss the possible extradition.
Strip king Lolly Jackson was the focus of a high-level investigation by the SA Revenue Service, the Hawks elite police unit and the police's organised crime unit before his death.
Current Font Size:
'Lolly got wind the Hawks and SARS were now after him' Jacob Zuma
Related Multimedia
AUDIO "Teazers will not die today"
AUDIO Lolly Jackson learns the hardway
SLIDESHOW Lolly Jackson murder
Related Articles
Mum's the word on Lolly
'Lolly, Demi were not divorcing'
Fugitive questioned over Lolly’s murder
Cops close to catching Lolly's killer
No tease after Lolly Jackson murder
Lolly Jackson was 'not afraid to take risks'
Lolly Jackson shot dead
Now, the estate of the 54-year-old Teazers boss will be handed to liquidators so that the R20-million that several of his businesses owe to the taxman can be recovered.
SARS was investigating Jackson for tax evasion and customs fraud.
He was also under investigation by the police for money laundering.
Soon, the Master of the High Court will appoint a liquidator to wrap up Jackson's estate.
His creditors will then line up, with the Receiver and banks first in line.
However, Jackson's advocate, Kenny Oldwadge, told The Times last night that all pending investigations against his client would be withdrawn.
Oldwadge confirmed that Jackson was being investigated for a number of offences, including money laundering and tax evasion.
He said it was SARS' "prerogative" to go after Jackson's estate following its investigation.
Jackson was allegedly gunned down on Monday night by the man he reportedly hired as a debt collector and extortion agent, a Greek Cypriot known as George Smith.
Oldwadge, who last saw Jackson "socially" over drinks at a restaurant, said he knew of his client's relationship with Smith but did not want to discuss it.
SARS spokesman Adrian Lackay said he could not comment: "SARS is compelled by confidentiality provisions in the Income Tax Act not to disclose the affairs of taxpayers publicly, including whether they are being investigated or not."
However, Jackson knew of the investigations and the stress they created appears to have started taking its toll.
A man close to Jackson, who spoke on condition of anonymity, said the strip boss was "losing it" and had become increasingly violent towards his staff.
He said the middle man - known as the "bank manager" - involved in the money-laundering racket in which Jackson was a big player, recently made a tell-all affidavit in his defence in a case in which Jackson was suing him for R1-million.
"Lolly got wind from his contacts that his former bank manager had written an affidavit and that the Hawks and SARS were now after him, which sent him into a panic," said the man.
He said Jackson met Smith through Czech billionaire fugitive Radovan Krejcir, wanted by Interpol in connection with murder and defrauding his government.
Krejcir's attorney, Ian Small-Smith, said his client had been assisting detectives in the murder investigation.
The Times has learned that Jackson would allegedly dodge import duties by buying exotic sports cars and supplying SARS with falsified invoices that stated the vehicles were second-hand and worth millions less than what he had paid for them, so his tax bill would be reduced.
Reports that Krejcir had reached a deal whereby he would not be extradited in exchange for his assistance in the murder investigation, were dismissed by justice department spokesman Tlali Tlali.
"There is no deal with the department of justice, the National Prosecuting Authority or the SAPS on the matter," he told The Times .
Tlali said a magistrate had initially decided that Krejcir was "unextraditable" and "following that, the state took a decision to have the matter reviewed and to be appealed against".
"That is where we are as far as the court proceedings are concerned and we are waiting for that process to be finalised," Tlali said.
He said his department would meet officials from the NPA and police today to discuss the possible extradition.
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