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I remember you saying that before BD, but surely it doesn't convince you that he's actually a Rangers fan?

 

There's different degrees of fans. I don't doubt he looked upon himself as being a fan and would want us to win. I doubt he was ever a season ticket holder or else that would have come out, and possibly didn't go regularly back then.

 

However I know lots of fans who never go games. It's not as big a part of their lives as it is for you and me, but they are still fans.

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I don't care for King's past, I think it's hypocrisy when people then make a fuss over Sandy Easdale's though.

 

There are clear and important differences though.

 

Sandy Easdale was convicted on criminal charges and sentenced to 27 months in prison after Customs investigators found stolen computer parts at his scrapyard in Greenock and uncovered a multimillion VAT fraud scam which spread all over Britain.

 

Dave King agreed to settle a long standing civil tax case with SARS resulting in settlement of his tax bills and the payment of fines.

 

The criminal cases against Dave King for money laundering, fraud and tax evasion were all dropped and he wasn't sent to prison like Sandy Easdale.

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There are clear and important differences though.

 

Sandy Easdale was convicted on criminal charges and sentenced to 27 months in prison after Customs investigators found stolen computer parts at his scrapyard in Greenock and uncovered a multimillion VAT fraud scam which spread all over Britain.

 

Dave King agreed to settle a long standing civil tax case with SARS resulting in settlement of his tax bills and the payment of fines.

 

The criminal cases against Dave King for money laundering, fraud and tax evasion were all dropped and he wasn't sent to prison like Sandy Easdale.

 

Hm ...

 

King eventually reached a plea agreement with the South African High Court where he pled guilty to 41 criminal counts of contravening the South Africa Income Tax Act and agreed to pay a fine of 80,000 Rand per criminal conviction or 3.28 million Rand in total. King also agreed, as part of the deal to drop the other 281 criminal charges he faced, to pay the Criminal Assets Recovery Account of the South African Authorities 8.75 million Rand in compensation. King was originally indicted on 322 counts including fraud, tax evasion and evasion of exchange control regulations, as well as money-laundering and racketeering.

 

Dave King or Business Day Life ... and you have to pick your way through this to see what's "criminal" or not here. But he sure wasn't in prison.

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and you have to pick your way through this to see what's "criminal" or not here. But he sure wasn't in prison.

 

It's really not as complicated as it might seem. King's longstanding tax disputes with SARS were split into two completely separate parts (civil & criminal):

 

  1. The civil cases regarding his personal income tax & and the tax liability of Ben Nevis. These civil cases are what he eventually (last August) agreed to settle costing him £44m in unpaid tax liabilities + fines.

  2. The criminal cases against him for racketeering, fraud, money laundering and tax evasion. Those criminal charges were all dropped.

 

 

If you look at the history of his disputes with SARS it could easily be argued that the criminal charges were only ever brought against him to force him to come to an agreement on paying his income tax liabilities and that a settlement agreement was always going to include the far more serious criminal charges being dropped if he agreed to cough up a large settlement.

 

That's how it works: Don't pay your taxes and your tax authorities will threaten you with criminal proceedings and jail time. Pay them and the threats go away.

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It's really not as complicated as it might seem. King's longstanding tax disputes with SARS were split into two completely separate parts (civil & criminal):

 

  1. The civil cases regarding his personal income tax & and the tax liability of Ben Nevis. These civil cases are what he eventually (last August) agreed to settle costing him £44m in unpaid tax liabilities + fines.

  2. The criminal cases against him for racketeering, fraud, money laundering and tax evasion. Those criminal charges were all dropped.

 

 

If you look at the history of his disputes with SARS it could easily be argued that the criminal charges were only ever brought against him to force him to come to an agreement on paying his income tax liabilities and that a settlement agreement was always going to include the far more serious criminal charges being dropped if he agreed to cough up a large settlement.

 

That's how it works: Don't pay your taxes and your tax authorities will threaten you with criminal proceedings and jail time. Pay them and the threats go away.

 

Good summary Zappa.

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but he's a rangers man. That's all that matters is it not?

Seriously though would DK be allowed to serve on the Rangers board under AIM rules?

 

Well, some say he can, other have reservations. He could obviously do a Romanov-trick, but whether that works as a shareholder like he wants to invest is anyone's guess. Methinks the authorities may have a word when he wants to be a director et al, shareholders may work differently.

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