The life Leeroy Sidambe leads seems more like a dramatic soap opera episode than reality these days. The latest twist? ABSA, a major commercial bank, is on his tail for unpaid instalments of an R2 million Land Rover. This car trouble adds to Sidambe’s already hefty financial woes.
Leeroy Sidambe could lose Land Rover over unpaid instalments
According to reports, Sidambe, a high-profile businessman, is facing the heat from ABSA over the luxury vehicle he bagged back in November 2020.
Apparently, he’s been skipping the monthly payments of R48 685, prompting the bank to knock on the doors of the Johannesburg High Court.
ABSA, it’s said, is playing hardball, demanding the return of the Land Rover and even allowing the sheriff to seize the vehicle if Leeroy Sidambe doesn’t cooperate.
The plot thickens as court documents reveal that SAPS might get involved if Sidambe blocks the sheriff’s access.
But that’s not all. Sidambe’s bank account is also bleeding from a staggering R30 million tax debt to the South African Revenue Service (SARS). His financial crisis is so dire that selling off his assets seems like a looming reality.
Court papers revealed Sidambe allegedly dodged about a year’s worth of taxes, racking up R24.5 million in unpaid personal tax.
Sidambe woes deepen after Mihlali Ndamase breakup
Now, let’s rewind a bit. Sidambe, the boss of Sakhile Ezweni Group, a prominent security company, has been in the public eye for more than just his business achievements.
His rollercoaster relationship with social media influencer Mihlali Ndamase made headlines, especially considering he was still legally hitched to Mary Jane Sidambe at the time.
Ndamase, known for her fierce independence, shrugged off claims that she was with Sidambe for his wealth.
The pair’s breakup hit social media after a video surfaced showing Sidambe cosying up with another woman in Dubai. Following the exposé, Ndamase went on a since-deleted rant, blasting her now-ex as a ‘broke’ baller who could not finance their Mexico holiday, despite posing as the financier of the trip on social media.
Of course, Sidambe has rubbished these rumours. However, the crude businessman has yet to issue a response to claims regarding his Land Rover and tax troubles.