According to Network24 a man and his partner was granted bail of R1 Million and R50,000 respectively from their involvement in defrauding the South African Revenue Service of about R110 Million in a Cape Town Magistrate’s Court on Friday.

The two men where identified as one Mr. Nazmien Warner, 53, and his accountant Luis Filipe Fernandes, 48. Both men are accused of collecting tax returns for non-existent companies.

They allegedly used the money to pay their bonds, buy luxury vehicles and travel abroad.

The case was postponed until March 2, 2017.

Source: Netwerk24