SIU obtains R42m preservation order against businessman Hamilton Ndlovu

Hamilton Ndlovu. Image credit: Twitter/Hamilton Ndlovu

The Special Tribunal has granted the Special Investigating Unit (SIU) and National Health Laboratory Services (NHLS) an order preserving R42 million worth of luxury properties and funds linked to Johannesburg businessman Hamilton Ndlovu.

The order was granted on Thursday (9 September), a statement by SIU said.

PPE corruption investigation against Hamilton Ndlovu

“The SIU investigated corruption allegations and the circumstances in which eight companies, directly and indirectly linked to Mr. Ndlovu, had obtained contracts worth a total of R172 million for the procurement of personal protective equipment (PPE) from the NHLS,” the Unit said.

“The properties and money are preserved pending a review application which will be brought by the SIU and the NHLS to set aside the procurement transactions and to require Mr. Ndlovu and the recipients of the funds to pay back the money.”

According to the SIU and NHLS, the contracts were obtained by “abusing emergency procurement procedures” that NHLS had adopted in response to the COVID-19 pandemic last year.

“In terms of the order, Ndlovu and other respondents are prohibited from dealing in any manner with the funds and properties (including selling or transferring or mortgaging the properties) pending the final resolution of review proceedings to be brought by the SIU and the NHLS,” the Unit concluded.

Hamilton Ndlovu cars repossessed

The latest preservation order follows a similar one in September last year that allowed SARS to repossess Hamilton Ndlovu’s cars and freeze his bank accounts.

The order, which was confirmed earlier this year, allowed SARS to seize three of Ndlovu’s Porsches and freeze R6 million in his companies’ bank accounts as it tried to recover tax debt.

The pricey vehicles SARS seized included a Porsche 911 Carrera Cabrio, a Porsche Cayenne S Coupe and Porsche Panamera GTS Sport.

Who is Hamilton Ndlovu?

Hamilton Ndlovu (also known as Thabiso) is a young Johannesburg-based businessman who owns or controls several companies, including HamiltonN Holdings, HamiltonN Projects, Mok Plus One, Abompetha and Feliham.

His main company, HamiltonN Holdings, is based in Johannesburg’s Melrose Arch. Its subdivision, HamiltonN Projects cc., provides commercial and engineering services.

Specifically, it focuses on “innovative services in engineering and analytics as well as supplying electro-mechanical components and maintenance,” according to its website.

Ndlovu is also known for his flamboyant lifestyle. In May 2020, he sparked social media buzz by sharing 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.

He later apologised, saying the video was in “poor taste.” He added, “In no way was the video meant to trivialise the current challenges my community is going through with the enduring pandemic.”

However, the publicity appears to have triggered interest from SARS, the Hawks and ultimately SIU, leading to his current challenges.

Besides occasionally retweeting news about billionaire Elon Musk, Ndlovu has since remained mum on Twitter.

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