Hamilton Ndlovu's bank accounts frozen and cars seized by SARS
- Hamilton Ndlovu, CEO of Hamilton Holdings, has landed in hot water with the South African Revenue Service (SARS)
- His bank accounts have allegedly been frozen and three of his luxury cars have been seized
- This follows a video Ndlovu posted earlier this year in which he flexed his luxury cars worth over R11 million
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Hamilton Ndlovu, CEO of Hamilton Holdings, appears to have landed himself in a quite a bit of trouble with the taxman after he flexed his luxury cars online earlier this year.
As a result, the South African Revenue Service (SARS) has seized three of his luxury cars and frozen his bank accounts according to Times Live.
The video that landed him in trouble featured a fleet of luxury cars worth over R11 million. His fleet included three Porsches, a Jeep and a Lamborghini Urus SUV.
Earlier he had taken to social media to set the record straight and to apologise to South Africans.
“After much introspection and taking counsel from my family and community elders, I realised that the video was in poor taste and appeared at a very unfortunate time for our country as we are battling an invisible enemy in Covid-19, which has once more exposed huge challenges faced by my community and many other townships in our country,” Ndlovu said.
Source: Instagram
“I accept the video has caused much anger and anxiety within the family in the past few days, and to a greater extent has rendered the family vulnerable to unnecessary attention.”
Ndlovu recently purchased five new expensive luxury cars and showed them off in a video clip online.
Ndlovu showed off the impressive new additions to his car collection.
Earlier, Briefly.co.za reported that a video was shared on Facebook by South Africa LIVE which shows the poor condition of one man's bakkie.
The clip shows an officer inspecting the car, which is almost only made from rust. Parts of the body has been eroded away while the doors don't even close properly.
The clip gathered over 57 000 views in just a day and South Africans were stunned by the footage. Some had jokes while others felt sorry for the man because it's probably all he could afford.
In other news, the stunning and most importantly, fast, cars caused strong reactions from Mzansi social media users. A few were impressed by the vehicles while others felt that they were an unnecessary expenditure.
Mbalula's Twitter post was captioned:
"Did you spot any of these on the road this past Dezemba?"
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Source: Briefly News
