Royal AM Football Club president and celebrated business mogul, Shauwn ‘MaMkhize’ Mkhize, finds herself at the center of a financial storm.The South African Revenue Service (SARS) is reportedly eyeing some of her most extravagant assets as part of an effort to recover over R37 million in unpaid taxes. This situation has catapulted MaMkhize into the spotlight, with many trying to unravel the complexities of her ongoing tax issues.
According to ZiMoja, applied for an execution order at the Pietermaritzburg High Court earlier this year. This legal move comes after revelations that MaMkhize owes more than R37 million in unpaid taxes.
The tax agency is now poised to seize 13 of her high-end vehicles, which are reportedly held in a family trust known as Sandi Trust. This trust is managed by three trustees: Sipokazi Zuma, Brightness Senzekile Mseleku, and Melusi Mkhize.
A History of Financial TurmoilThis is not MaMkhize’s first brush with financial controversy. Last year, she made headlines when her debt skyrocketed from R12.7 million to R37 million in a single day.
This increase was largely due to a court order demanding Royal AM to honor the full two-year contract of former Kaizer Chiefs star, Samir Nurkovic. On October 16, 2023, the High Court of South Africa issued a directive for MaMkhize to settle her outstanding debts with SARS.
The court also authorized the sheriff to “attach and remove the movable property of Royal AM,” part of a broader effort to recover the owed sum of R37,915,549.77. Despite these legal challenges, MaMkhize’s financial troubles date back to at least 2020, indicating a long-standing pattern of tax-related issues.Recent Developments
In the wake of the latest court judgment, curators visited MaMkhize’s properties in Sandton and Durban. However, they were unable to gain access, leading to a tense standoff between two security companies and the involvement of the police to prevent potential violence. A source close to ZiMoja noted, “There was a standoff between the two security companies, and the police were called in to quell what might have been a bloodbath.”
The Lavish Lifestyle of MaMkhize
MaMkhize’s lifestyle, characterized by opulence and grandeur, is reflected in her impressive collection of luxury vehicles. Worth over R50 million, her fleet includes some of the most coveted cars in the world. Despite her legal and financial woes, MaMkhize’s penchant for living lavishly remains unabated. She reportedly owns more than 20 high-end cars, each a testament to her extravagant taste and wealth.Among the vehicles that SARS might seize are:
Rolls-Royce Cullinan Black Badge
Ferrari 612 Scaglietti
Rolls-Royce Ghost
Rolls-Royce Phantom
Bentley Bentayga
Dodge RAM 2500 Heavy Duty
Mercedes-Maybach S-Class S650
Aston Martin DBX
Lamborghini Huracan
Mercedes-Benz G63 AMG
BMW 4 Series Convertible
BMW i8
McLaren
Land Rover Defender
Mercedes-Benz 6X6
These vehicles are not merely modes of transport but symbols of MaMkhize’s success and her luxurious lifestyle. The potential seizure of these cars would be a significant blow, both financially and personally.
Conclusion
As MaMkhize’s legal battles with SARS unfold, the public remains captivated by the drama surrounding her lavish lifestyle and mounting financial troubles. The potential seizure of her high-end vehicles highlights the severe consequences of unresolved tax issues and serves as a stark reminder of the importance of financial accountability. While the community watches closely, the outcome of this legal saga will undoubtedly have lasting implications for MaMkhize and her public image.
In the meantime, the luxurious cars that once symbolized her success now represent a complex web of legal and financial challenges that MaMkhize must navigate. As the legal process continues, all eyes will remain on the developments in her case and the ultimate resolution of her significant tax debt.