ANC Gauteng Provincial Secretary TK Nciza’s Luxury Car Allegedly Unpaid, to Be Repossessed by Bank

ANC Gauteng Provincial Secretary TK Nciza’s Luxury Car Allegedly Unpaid, to Be Repossessed by Bank

  • The cost of living seems to not only be affecting ordinary South Africans as even high rollers are feeling the pinch
  • The bank is allegedly chasing down ANC Gauteng Provincial Secretary TK Nciza for arrears on his luxury Mercedes-Benz
  • The politician and former record producer reportedly owes Standard Bank over R2 million in unpaid instalments

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TK Nciza allegedly owes Standard Bank over R2 million for his Mercedes-Benz
TK Nciza is reportedly in hot water with Standard Bank after allegedly failing to pay instalments on his 2015 Mercedes-Benz S400L. Images: tknciza_sa
Source: Instagram

TK Nciza is allegedly under fire from Standard Bank regarding his 2015 Mercedes-Benz S400L. The ANC Gauteng Provincial Secretary is allegedly under investigation as the bank reportedly took him to court over unpaid settlements.

The bank is said to have ordered the court to repossess the car due to Ncisa allegedly not keeping up with his monthly instalments.

Some netizens shared their views on the matter:

ThaaBLaa said:

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"Good, his karma should really be painful for what he did to Nhlanhla and the rest of the artists."

GpKhangi responded:

"Hawu, I thought he was doing well mos."

Lebstar9 commented:

"Good news!"

AntiCor82757066 posted:

"They must take it immediately. Corruption does not pay. He can’t afford."

Kgaudi63474124 added:

"Is it a coincidence that most older men that dump their wives for young ones end up in financial trouble."

Steven41946689 said:

"The bank must its car back. Possibly the car was corruptly gotten. These ANC criminals must be right-sized."

TK Nciza's car allegedly sought by bank

According to Sunday World, the car in question, a 2015 Mercedes-Benz S400L, was bought on credit of R1.3 million with Standard Bank, where Nciza was allegedly meant to pay back R1.9 million in instalments of R23 000 monthly over 72 months.

The balloon payment of over R349 000 wasn't included in the total and was payable on 5 July 2022.

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Nciza allegedly owes Standard Bank an additional R133,377.79 in arrears and is considered in unlawful possession of his car after the bank cancelled the agreement and ordered the vehicle to be returned.

TK Nciza's fiancée reveals bedroom secrets

Lebo Phasha, TK Nciza's fiancée, recently exposed the couple's spicy bedroom tales in a tell-all Instagram live.

The couple recently went through a lobola celebration and are looking forward to their wedding. TK was previously married to Mafikizolo star Nhlanhla Mafu, but the couple separated after 15 years.

Mzansi shared their views on Lebo Phasha's tell-all:

Vhoyde said:

"One thing about women who have their own money, you'll never hear them say sh*t like this. Poverty has its positives."

Thuli_N responded:

"Politicians think they are celebrities and they're job is to entertain people, that's why their Instagram girlfriends think we need to know what's happening in their s*x life."

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miss_neoentle commented:

"The wildest thing about this is that TK Nciza is the general secretary."

Twana_Mashandu asked:

"Doesn’t the ANC train people who are in important positions on PR? Do they not do image what-what and things you can and can’t do?"

cocainecarol asked:

"At what age do you just relax?"

iNtokazi_P posted:

"A whole ANC Gauteng Secretary’s partner saying this on a live. Ay bandla."

Netizens react to repossessed vehicles

In a recent report, Briefly News caught online reactions to a woman having her car repossessed, where netizens attempted to cheer her up.

In these tough economic times, it's apparent that not just the middle and lower classes are struggling financially, as the upper class appear also to have it hard on their end.

A viral video of a BMW being repossessed caught online users' attention, where they pointed out the differences between qualifying to buy a car and affording to buy it.

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Source: Briefly News

Authors:
Moroba Moroeng avatar

Moroba Moroeng (Entertainment editor) Moroba Moroeng is an entertainment writer at Briefly News and a University of Johannesburg alumni (Public Relations and Communications, 2018). She was the content manager and, later, editor for HipHop Africa, where she honed her proofreading, leadership, and content management skills. Having begun her career as a content writer for Slikour OnLife, Moroba has over four years of experience as a writer specialising in music journalism and entertainment. She joined Briefly News in 2023 and passed a set of training courses by the Google News Initiative. Email: moroba.moroeng@briefly.co.za