Businessman Hamilton Ndlovu is reportedly in trouble with the SA Revenue Service (SARS), which has set its eyes on his cars and bank accounts.
According to a Daily Maverick report on Tuesday, SARS has obtained a provisional preservation order allowing it to seize three of Ndlovu’s Porsches and freeze R6 million in his companies’ bank accounts.
Potential tax debt
SARS reportedly conducted a search-and-seizure operation at the businessman’s residence earlier this month. The Service is reportedly investigating Ndlovu’s potential tax debt.
Ndlovu’s assets are now under curatorship until SARS recovers the potential debt, according to the report. His affected companies include Hamiltonn Holdings, Hamilton Projects, Mok Plus One, Abompetha and Feliham.
The pricey vehicles SARS seized include a Porsche 911 Carrera Cabrio, a Porsche Cayenne S Coupe and Porsche Panamera GTS Sport.
Ndlovu’s main company, Hamiltonn Holdings, is based in Johannesburg’s Melrose Arch. According to its website, it provides commercial and engineering services.”
Ndlovu sparked social media buzz in May with a video showing off several top-of-the-range cars he had bought for his family. Besides the Porsches, the cars included a Lamborghini Urus and Jeep Grand Cherokee. This seemingly triggered Hamilton Ndlovu’s SARS troubles.
He posted an apology shortly afterwards, saying the video was in “poor taste.” He added, “In now way was the video meant to trivialise the current challenges my community is going through with the enduring pandemic.”
Hawks investigate Hamilton Ndlovu
The publicity his video generated first sparked interest from the Directorate for Priority Crime Investigation, better known as the Hawks. It started investigating Ndlovu immediately afterwards, according to a City Press report on Monday.
The publication cited un unnamed source who said the Special Investigating Unit (SIU) also has its sights on the businessman.
It is unclear whether or not the investigation relates to COVID-19 procurement contracts. SIU spokesperson Kaizer Kganyago reportedly declined to confirm or deny.
Ndlovu has remain mum on Twitter since posting his apology on 25 May. He has also not responded to media queries.