Stuttafords Suing Namibian Gov!

[Mortymoose]

In the latest edition of the National Namibian Newspaper...

LUXURY retailer Stuttafords is suing the Namibian government for N$3,8 million over what they claim has been a wrong tax assessment in 2004, amid reports that the retailer faces bankruptcy in South Africa.
In June, South African media reported that Stuttafords, a high-end retailer of branded fashion, apparel, footwear, accessories and cosmetics, had been placed in a business rescue wind-down after 61% of independent creditors who are owed a total of R836 million, voted in favour of this process over a liquidation.

Rest of the article...

Link: http://www.namibian.com.na/58056/read/Govt-sued-over-tax-millions