Unlawful Tenderpreneur Hamilton Ndlovu Has Flashy Car Collection Auctioned

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Hamilton Ndlovu, the Johannesburg ‘businessman’ who gained over R170 million in ill-gotten PPE tenders has lastly had his automotive assortment go underneath the hammer with justice lastly being served.

Hamilton Ndlovu's Lamborghini Urus
Picture: Park Village Auctions

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In a bid to proceed regaining the over R170 million Hamilton Ndlovu gained by means of illegal PPE tenders throughout the COVID-19 pandemic in 2020, the federal government has now auctioned off the Johannesburg businessman’s automotive assortment. This was reportedly the federal government’s third try to regain the R172 million Ndlovu obtained for the 19 ill-gotten PPE (private protecting tools) tenders granted to him by the NHLS (Nationwide Well being Laboratory Service) throughout the COVID-19 pandemic in 2020.

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Following buying the cash, in the identical yr, Ndlovu comically posted a video of his automotive assortment, which comprised a Lamborghini Urus and a trio of Porsches, a Cayenne S Coupé, Panamera GTS and 911 Carrera Cabriolet, all of which have now been put underneath the hammer.

By 2023, the Particular Investigations Unit (SIU), who discovered that solely R15 million (of the cash Ndlovu obtained) was used to buy the tools, and NHLS introduced they’d, following an identical preservation order obtained by the South African Income Service (SARS) to grab R60 million, been granted an order by the Particular Tribunal to freeze R42 million of funds and properties linked to the Johannesburg businessman.

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The public sale (for Ndlovu’s automotive assortment) was set to happen on 5 July, 2023. Nonetheless, the public sale was postponed till 28 August, 2024.

So, how a lot did every automotive fetch when going underneath the hammer at Park Village Auctions in Johannesburg? Nicely, for starters, Ndlovu’s 2019 Urus, with a mileage of 31 395 km, was bought for R4 350 000. The 2019 Panamera GTS, with a mileage of 45 459 km, 2020 Cayenne S Coupé, with a mileage of 64 470 km, and Carrera Cabriolet, with a mileage of 46 276 km, bought for R1 360 000, R1 230 000 and R1 800 000, respectively.

“The realisation of this public sale not solely brings this matter nearer to finality however allows justice to be served,” mentioned Clive Lazarus, Director of Park Village Auctions. Lazarus talked about the curator is glad with the outcomes, which can now be submitted to SARS for ultimate approval.

Looking for your next new or used vehicle? Find it here with CARmag! 

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