Johannesburg – Convicted drug dealer Glenn Agliotti has denied accusations by the SA Revenue Service [Sars] that he has money stashed in offshore accounts.

“I think Sars investigators had to make a political statement and I’d like to tell them they wasting their time in trying to find something which isn’t there. This investigation will cost the taxpayer a lot of money,” Agliotti told Radio 702.

Sars believes Agliotti stashed funds in European bank accounts in Geneva and Guernsey, EWN reported.

Agliotti said while he respected Sars as the only efficient government body in the country, he will challenge the institution on its treatment of him.

The businessman said the Geneva account has been closed.

Agliotti claimed that Sars was going after him because he’s “back at the top again”.

– News24