Tom Moyane's SARS Gupta money-laundering revealed

[Click here for the web version of this email]( [Daily Maverick] Wednesday, 8 August 2018 “There's nothing like deep breaths after laughing that hard. Nothing in the world like a sore stomach for the right reasons.” Stephen Chbosky Story of the Day [Moyane Dossier, Part 3: How Moyane’s SARS illegally paid R420m in VAT refunds to the Guptas]( By Pauli van Wyk for Scorpio and Kyle Cowan for News24 SARS illegally paid at least R420-million in tax refunds claimed by the Gupta companies into an attorney's trust account, to a shelf company and a shady businessman who was once involved in business with Tom Moyane’s nephew. This came at a time when Bank of Baroda was reducing its Gupta exposure because they could no longer hide, nor stomach, the Guptas’ money laundering activities. The scheme contravened the very laws SARS must administer. It is a crime of VAT fraud and money laundering directed by Oakbay CEO Ronica Ragavan, effected by dodgy business people and sanctioned by SARS. This is how SARS kept the Guptas in the money laundering business after the banks they abused slammed the door. Bridging Finance, Specialised Asset Finance & Working Capital Finance. [Click for more…]( While You Were Sleeping [Musk hints at Tesla's private move]( Tesla Chief Executive Elon Musk has Tweeted that he was considering taking his company private. Tesla's share price soared higher at the news, with Musk tweeting: "Am considering taking Tesla private at $420. Funding secured." [Venezuela launches anti-opposition witch hunt]( Opposition MPs could soon be placed on trial for the drone-borne attack - alleged anyway - on President Nicolas Maduro. Maduro and his cabinet have conducted a thorough attack on the opposition after the incident, vowing to remove their powers and clamp down on the perpetrators. No evidence has pointed as yet to the opposition being responsible. 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