'Hawker' Stanfield told to repay R1,1m debt

Published Apr 20, 2001

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A Cape High Court ruling has helped settle a huge debt between alleged drug baron Colin Stanfield and the heirs of murdered Camps Bay businessman Bhekizulu Tshabalala, reputed to have had strong ties with the underworld.

However, before Stanfield makes a payment on May 31 of R750 000 on his loan of R1,1-million from Tshabalala, the Receiver of Revenue is expected to become involved.

Last month, Stanfield was sentenced by the Cape Town regional court to six years in jail for tax evasion.

He was granted leave to appeal and is out on R100 000 bail.

Judge Siraj Desai, who settled the summary judgment in favour of Tshabalala's heirs on Thursday, ordered that the matter be brought to the taxman's attention. Curator Alan Rennie, who had been instructed to preserve Tshabalala's remaining assets, discovered a typed letter in which Stanfield acknowledged that he owed Tshabalala R1,1-million.

The letter was signed by Stanfield. Rennie said he did not know what the money was used for, but "I have my suspicions".

The loan was made more than five years ago, shortly before Tshabalala was murdered at his Camps Bay home.

His body was discovered in the boot of his car at Cape Town international airport in June 1996. He had been shot in the head.

Stanfield had not repaid him.

Shortly after Tshabalala's murder, for which his wife's lover, Xolani Hobongwana, was convicted, police raided Stanfield's Rondebosch mansion and confiscated R1-million and a consignment of drugs. It cannot be confirmed whether the confiscated cash was the money Tshabalala had lent to Stanfield.

In January, Tshabalala's children instructed their attorney to sue Stanfield for the R1,1-million owed to their father's estate and expected to be divided among the businessman's relatives.

Stanfield agreed to a summary judgment in which he could settle his debt without the obligation of explaining the details of the loan.

During the conviction brought against Stanfield shortly after the raid on his house, the state made mention of R1-million found by the police.

In 1998 Stanfield registered himself as a taxpayer and declared himself to be a hawker.

Between 1991 and 1996, he claimed to have earned R932 879 a year.

But the taxmen involved in the income tax special investigation against Stanfield calculated that over the six years he had earned close to R9-million, allegedly through crime.

In the end, Stanfield was convicted of evading taxes of R2 628 472.

His appeal continues in the Cape Town regional court. - Sapa

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