R200,000 fine for Durban businessman who tried to illegally export scrap to India


Through Jolene Marriah-Maharaj 29 months ago

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Durban: A Durban businessman who pleaded guilty to attempting to export scrap metal to India without a permit was fined 200,000 rand.

Nagendra Kudupudi, 41, was sentenced by Durban District Court and ordered to pay a fine of R200,000 in four installments.

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It will begin at the end of November its first tranche of 50,000 rand which will be paid to the clerk of the court in Durban.

Natasha Kara, regional spokesperson for the National Prosecution Authority, said that in February 2021, Kudupudi, which deals with the buying and selling of scrap metal, organized the preparation of five containers for the export from the port of Durban to India.

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“The steel scrap weighed 125,500 kg and was valued at 369,750 R.

“He did so knowing full well that the cargo to be exported required an application for an export permit from the Commission for the Administration of International Trade. He was arrested after an investigation by the South African tax administration.

Kara said Kudupudi was fined R500,000 or five years in jail, suspended for a total of five years, with conditions, after pleading guilty to exporting scrap metal without obtaining a permit. export.

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She said the conditions of Kudupudi’s sentence were that he pay the fine of R200,000 and must not be convicted of an offense involving a breach of the International Trade Administration Act during the years. next five years.