Gauteng businessman Leeroy Sidambe faces a staggering R30 million tax bill from SARS, even as he maintains a high-profile social life.
SARS hunts Leeroy Sidambe for R30 million unpaid tax bill
Leeroy Sidambe, a noted Gauteng entrepreneur, is currently embroiled in a significant financial controversy. Reports from Sunday World indicate that his holding company, Sakhile Ezweni Group, is in arrears with the South African Revenue Service (SARS) for an estimated R30 million in unpaid taxes.
Detailed court documents reveal that Sidambe’s personal tax debt was initially over R24.5 million, which escalated with added penalties.
Not submitting tax returns or failing to pay taxes is not just a financial issue; it’s a legal one.
SARS has a range of debt collection tools at its disposal, including garnishing funds from third parties, blacklisting individuals, seizing assets, and even forcing repatriation of offshore assets.
These measures can have severe consequences for the individual’s financial status and freedom.
In an apparent defiance of his financial troubles, Sidambe was seen celebrating various events, including his partner Mihlali Ndamase‘s recent accolade at the 2023 Glamour Women of the Year ceremony.
He was also spotted at the 2023 Crown Gospel Music Awards, mingling with industry elites. This juxtaposition of his public persona with his private financial struggles paints a complex picture of Sidambe’s current life.
Sidambe, an ANC member during Jacob Zuma’s presidency, has a background in security management.
He was involved in project management and security for the 2010 FIFA World Cup. His marriage to Mary-Jane Sidambe, a communications specialist, has been largely private, until recent rumours of an extramarital affair with Ndamase surfaced, causing a stir in social media circles.