– 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
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
“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.