Court grants Sars judgment over debt
Baddest hitmaker AKA has been slapped with an almost R400 000 tax bill for being the “baddest payer”.
Sunday World can exclusively reveal that the South African Revenue Service (Sars) has obtained judgment to attach the award-winning mega star’s assets at the high court in Joburg on Wednesday, October 9. This after he failed to settle a huge bill he owes to the taxman in unpaid income tax.
Among the assets AKA flaunted on social media which Sars may attach to recoup its money are two mansions, a BMW i8 and BMW X6.
According to court documents in our possession, AKA, christened Kiernan Jarryd Forbes, owes more than R350 000 in unpaid income tax. The papers don’t state how the Fela in Versace hitmaker got to owe Sars so much money, but Net Worth Portal recently estimated his wealth to be about R170-million.
But it appears AKA ignored a final letter of demand sent to him on August 10 by Sars’ lawyers giving him options to resolve the matter if he was unable to pay the full amount.
The letter, which we have seen, reads in part: “According to the records of the South African Revenue Service, you have failed to settle in full your outstanding tax debt in the amount of R355 676.98.”
In the letter, Sars advises the musical sensation to apply to make the payment in installments if he is unable to pay the full amount owed.
It also asks whether it is possible for the juggernaut to obtain a third-party loan to settle the debt in order to avoid a civil judgment and warrant of execution to sell his assets.
Sars also advises the award-winning muso to apply for a reduction of the amount owed if he is experiencing financial hardships. But it appears Sars decided to apply for judgment after its counsel’s pleas to the artist, who has just reconciled with his baby mama, DJ Zinhle, fell
on deaf ears.
Sars spokesperson Sandile Memela declined to comment due to client confidentiality, citing the Tax Administration Act of 2011.
AKA could not be reached for comment at the time of going to print.
By Ngwako Malatji