Hamilton Ndlovu banned from doing business with state as Special Tribunal declares lucrative contracts unlawful

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

United States News News

The Special Tribunal has set aside and declared as unlawful contracts worth more than R150m awarded to controversial businessman Hamilton Ndlovu and companies related to him.

Ndlovu and his companies have also been blacklisted from doing business with the state in terms of section 15 of the Preferential Procurement Policy Framework Act.

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. They included three Porsches, a Jeep and a Lamborghini Urus SUV. The Special Tribunal also ruled that a number of assets, including funds that have already been preserved, be forfeited to the state.

Four companies were also declared liable to the NHLS to repay amounts ranging from R5,000 to R157,000 that were paid into their accounts from the proceeds of the unlawful contracts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I remember telling him that uzidonsela amanzi ngomsele I was labeled as a jealous person who doesn't appreciate black excellence kunjani namhlanjena baptism abosiyazi

What was that about TVs in the bank being muted?

People who awarded this young man these contracts must also be criminally charged as they might have received some kickbacks !

Nothing will be done, it's a sin being a tax payer.

Damn I wanted to be like this gent 😪

Njani Jail Time🙆🏿‍♂️🙆🏿‍♂️🙆🏿‍♂️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in US

United States United States Latest News, United States United States Headlines