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SIU sells Hamilton Ndlovu’s luxury house for R7 million

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Hamilton Ndlovu lost his luxurious house.
Hamilton Ndlovu lost his luxurious house.
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Controversial businessperson Hamilton Ndlovu has lost his luxurious Bryanston house in an auction.

The Special Investigating Unit (SIU) reported that the house with three en suite bathrooms, cinema, private salon, swimming pool and three garages went under the hammer on July 4.

This was after the SIU and National Health Laboratory Service (NHLS) accepted a R7.1 million offer for the house. The unit believes that the house was bought with proceeds from illegal activities.

It is alleged that Ndlovu irregularly obtained PPE tenders worth R172 million from the NHLS using different companies. It is said the money went into a bank account owned by Ndlovu.

READ: Hamilton Ndlovu wants court to help him keep R100m from PPE tenders

In March 2022, the SIU and NHLS were granted an order to freeze Ndlovu’s property as well as his bank accounts.

The businessperson tried to have his assets released in August last year, but his attempt was dismissed by the Special Tribunal.

The application was dismissed with costs by the North Gauteng High Court of South Africa, Gauteng Division, said the SIU.

The SIU reportedly received allegations of unlawful and fraudulent contracts awarded to Ndlovu and his fiancé in August 2020. They then obtained an interim interdict from the Special Tribunal to preserve properties and money belonging to the Hamilton Holdings CEO worth about R42 million. This reportedly came after Sars seized approximately R60 million worth of funds and assets.

The report by the SIU stated that in April 2020 Feliham, a company belonging to Ndlovu’s fiancé, was blacklisted from doing business with the state. However, the decision was reportedly overlooked by NHLS officials.

According to the SIU, the money made at the house sale will go towards recovering the loss the state and NHLS suffered.

READ: Businessman Hamilton Ndlovu’s infamous luxury cars withdrawn from auction, for now

In July, Ndlovu's luxurious cars were revoked from an auction held by Park Village Auctions. The flashy supercars he bought in one day included a Lamborghini Urus, Jeep Grand Cherokee SRT, Porsche Panamera GTS Sport and Porsche Cayenne S Coupe to a value of over R10 million. 

The auction was said to have been postponed till further notice.


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