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asset seizure – MDNtv https://mdntvlive.com MDNtv is a nonprofit public-interest media and youth journalism organisation strengthening accountability, civic education, access to justice, community information, disability inclusion and youth livelihoods in South Africa. Mon, 18 May 2026 16:54:49 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://mdntvlive.com/wp-content/uploads/2023/01/mdntv-icon.png asset seizure – MDNtv https://mdntvlive.com 32 32 SARS Threatens Asset Seizure as Bonang Matheba Allegedly Owes Millions in Tax https://mdntvlive.com/sars-threatens-asset-seizure-as-bonang-matheba-allegedly-owes-millions-in-tax/?utm_source=rss&utm_medium=rss&utm_campaign=sars-threatens-asset-seizure-as-bonang-matheba-allegedly-owes-millions-in-tax Sat, 07 Mar 2026 19:10:44 +0000 https://mdntvlive.com/?p=81851 Media personality and businesswoman Bonang Matheba is reportedly facing the possibility of asset seizure after the South African Revenue Service […]

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Media personality and businesswoman Bonang Matheba is reportedly facing the possibility of asset seizure after the South African Revenue Service (SARS) issued a final notice over an alleged unpaid income tax debt of more than R7 million.

 

According to Sunday Times, SARS issued the notice of debt collection on 17 February, giving Matheba 10 business days to either settle the outstanding amount or make arrangements for payment.

 

If the matter is not resolved, the tax authority could pursue a civil judgment and obtain a writ allowing the sheriff of the court to attach and sell her assets.

 

The dispute is believed to relate to the alleged failure to submit personal income tax returns for the 2025 financial year. Matheba’s publicist has said that any tax-related matters remain confidential between the star and SARS.

 

SARS has also declined to comment on the specifics of the case, citing taxpayer confidentiality laws. However, the move is seen as part of the revenue service’s broader compliance drive targeting influencers and media personalities who earn income from endorsements, sponsorships and other digital revenue streams.

 

Matheba, one of South Africa’s most recognisable media personalities with millions of social media followers, has yet to publicly comment on the alleged tax dispute.

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Court Grants Forfeiture Order Against Giyani Properties Worth Over R22 Million https://mdntvlive.com/court-grants-forfeiture-order-against-giyani-properties-worth-over-r22-million/?utm_source=rss&utm_medium=rss&utm_campaign=court-grants-forfeiture-order-against-giyani-properties-worth-over-r22-million Tue, 24 Feb 2026 19:06:53 +0000 https://mdntvlive.com/?p=81045 The Asset Forfeiture Unit (AFU) of the National Prosecuting Authority (NPA) in the Limpopo Division has secured a forfeiture order […]

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The Asset Forfeiture Unit (AFU) of the National Prosecuting Authority (NPA) in the Limpopo Division has secured a forfeiture order from the High Court of South Africa, Limpopo Division, against four properties in Giyani valued at approximately R22 million.

 

The order, granted on 13 February 2026, relates to Erf 2B, Erf 58B, Erf 64B and Erf 227B situated on Kremetart Street, Giyani.

 

According to NPA Limpopo Spokesperson Mashudu Malabi the successful forfeiture is the result of coordinated efforts by the South African Police Service’s Directorate for Priority Crime Investigation (DPCI), the Anti-Corruption Unit, and the AFU.

 

“The court accepted the AFU’s submission that there are reasonable grounds to believe the properties constitute proceeds of unlawful activities and/or were used as instruments to commit offences, including: Fraud, theft, and money laundering, Contravention of Limpopo Practice Note on Disposal of Assets (Note No. 05/2007), Breaches of municipal and provincial asset disposal policies, Contraventions of the Municipal Finance Management Act (MFMA), Contraventions of the Public Finance Management Act (PFMA) and Treasury Regulations; and Contraventions of sections 5 and 6 of the Prevention of Organised Crime Act (POCA), including assisting another to benefit from unlawful proceeds and knowingly acquiring or using such property.

 

“These offences are alleged to have been perpetrated against the National Government and the Limpopo Department of Public Works, Roads and Infrastructure. It is alleged that fraudulent deeds of sale were concluded between the late Fourie Willem Jakobus, Howard Alex Mashaba and Magezi Ben Mashaba (Mashaba Senior), through a company known as Mbangwa Trading and Projects,” she said.

 

Malabi saif the purported sales involved Erf 2B, Erf 58B, Erf 64B and Erf 227B for amounts ranging from R290 000 to R450 000, with payments allegedly made directly into Jakobus’s personal bank account.

 

“Despite the purported transactions, the properties were never transferred and remain registered in the name of the National Government and/or the Limpopo Department of Public Works. Notably, the department’s building that once stood on Erf 58B was demolished, and a hotel has since been erected on the property,” she said.

 

The Director of Public Prosecutions in Limpopo, Advocate Ivy Thenga, welcomed the court order, stating that the AFU will intensify its efforts to pursue high-profile suspects, particularly through its civil forfeiture powers under Chapter 6 of POCA.

 

“This order demonstrates that crime does not pay. Through the AFU’s civil forfeiture mandate, we can recover stolen state assets and funds, including those concealed in foreign jurisdictions. We will continue to act decisively to safeguard public resources,” she said.

 

She further commended the collaborative work of the DPCI, the Anti-Corruption Unit and the AFU, emphasising their commitment to accountability and the protection of public assets.

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