The provisional preservation order resulted in the seizure of several assets, including cars, and the freezing of bank accounts.The Hawks, according to court papers, are investigating whether personal protective equipment contracts obtained by companies linked to Nldovu were legally granted.
The diversion of huge sums of money among businesses supports the inference of all of them being mere alter egos of one person and implies strongly that shady dealings are likely.During its investigation into Ndlovu’s financial affairs, Sars discovered there were flows of money to and from one or more companies.
Sars concluded Ndlovu allegedly used entities linked to him as alter egos “to spread potential liabilities and evade the scale of liability from progressive tax sales”. “The diversion of huge sums of money among businesses supports the inference of all of them being mere alter egos of one person and implies strongly that shady dealings are likely,” the court found.
Companies linked to Ndlovu, according to the court, failed to explain a rational business model to justify cash flows.“The provisional order of September 10 2020 is confirmed and made final,” it ruled.
Is he Lewis Hamilton's boy?
Yaha neh
SACitizen55 Ek kry so fokken lekker.
memorynguwi twabam
Nothing can save the poverty-minded fool because they are soon parted with their money...
This guy is a definition of amateur thief. You cant be stealing while not paying tax and so many cars at a go. If your a thief stay away from social media.
He could've used some of that money to assist his poor brothers but instead decided to show off. What a chop🙄
STOP BLAMING THE WHITES WHENEVER A BLACK SOUTH AFRICAN IS ARRESTED FOR SHIT, IS IT THE WHITES THAT ASKED HIM TO STEAL?
The drama over a dude’s R11million Tax bill....that time his net worth is probably over R300 million 😒. The dumb things that excite y’all...
Asingombhatha isduko sakhe?
Very clever lot. Lets flaunt our shiny ish and not pay taxes. Must have been a great idea at the time🤣🤣🤣. Folk need to learn to adapt to their new money. You can't b flaunting shiny nonsense as if u have just arrived. Be calm, nobody cares.
Lol black ppl never learn😔😔😔
Theft pays but only sometimes, but foolishness and selfishness do not.
I saw this coming
Karma’s a btch.. you wanted to flaunt it... gottcha
We are going nowhere as a country. Someone who never worked for the money will behave in that way. Arrest, that shit..
Conspicuous Consumption VusiSambo 😳
Unfair treatment, corrupt MPs should face the same punishment...
I'm just here to show my appreciations to the man who took me out from zero to hero. i'm so glad to be among your winning team sir and i will always show my gratitude and work with you always Mr William_lil2
Ke bafana ba ma ANC 🤭🤭🤭
Thief
He twerked infront of the authorities 🤦🏿♂️😏
I've seen real g's with more properties but they never post those on social media n they still live large
So many bitcon traders on Twitter are trickster markdonaldAmel thank you for opening my eyes to their ways now I’m pretty sure I’ll be able to help others
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Court confirms order freezing assets of businessman who ‘flaunted wealth’ on social mediaHamilton Ndlovu leapt into the public domain in May 2020 after posting video footage online and boasting about buying a fleet of luxury vehicles worth about R11m. Twitter the tronk Investing today will save you the stress of financial crisis tomorrow.. Live the kind of life you want today by investing and trading Bitcoin option. Trade with a professional trader and start making good profits today. Wilhelmdenni for transparency and trust
Source: TimesLIVE - 🏆 28. / 59 Read more »
Court confirms order freezing assets of businessman who ‘flaunted wealth’ on social mediaThe Pretoria high court has made final a provisional order the SA Revenue Service (Sars) obtained against Gauteng businessman Hamilton Ndlovu to freeze his bank accounts and seize some of his luxury cars. Ey ku rough When people warned him last year,they were called bitter and poor Now can't they do the same to Jooste? Or is he just TOO rich?
Source: SowetanLIVE - 🏆 13. / 63 Read more »