Shauwn Mkhize: Royal AM Founder Faces Asset Seizure As SARS Demands R37 Million Tax

Shauwn Mkhize: Royal AM Founder Faces Asset Seizure As SARS Demands R37 Million Tax

Babajide Orevba
May 27, 2024 at 9:31 AM
In this article:
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Royal AM
  • Shauwn Mkhize is enmeshed in fresh tax evasion controversies with the South African Revenue Service
  • SARS officials are demanding R37 million, or she will forfeit 13 of her luxury cars to the collector
  • Mkhize is faced with more problems as former Royal AM players are also demanding their payments

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The South African Revenue Service has demanded a staggering R37 million from Shauwn Mkhize, or her possessions would be seized.

The Royal AM founder is involved in yet another tax-related controversy, and some of her luxury cars could be at risk.

It was gathered that the 48-year-old businesswoman could be in deeper waters as former Mamelodi Sundowns and Kaizer Chiefs players await payment from her club.

Shauwn Mkhize, SARS, South Africa, Revenue, PSL, Tax, Royal AM
Shauwn Mkhize is facing fresh tax evasion claims from SARS. Photo Credit: @XoliswaZondo.
Source: Twitter

Mkhize reportedly owes the SARS over R37 million in back taxes, as the fresh allegation adds to her history of tax disputes.

In 2020, the revenue generation specialist obtained a liquidation order against her cleaning business for an unpaid tax debt exceeding R200,000.

Mkhize reportedly failed to meet her tax obligations, and the revenue collector petitioned the High Court in Pietermaritzburg High Court to have 13 of her luxury cars seized.

They include a Rolls Royce and a Lamborghini, believed to be owned by Royal AM and Shandi Trust, where Mkhize is the major shareholder. The court papers read in part, as per News 24:

“Any auction sale must, at the very least, be advertised in a manner required, in the event of a sale in execution and in the case of movable assets, an advertisement must be published at least five business days prior to the auction.
“Within seven days of granting of this order, all motor vehicles belonging to the Shandi Trust must be delivered to the curator (Sars)."

While tax evasion is the case on the one hand, Mkhize also faces issues with Thwili Thwala players who are yet to be paid.

Samir Nurkovic, who joined Royal AM in January 2022, had his contract terminated prematurely as he was released barely weeks into the deal.

FIFA consequently banned the club from making transfers after they could not pay the R12 million owed to the player by the specified deadline.

It is similar to the situation of Brazilian star Ricardo Nascimento, who was let go during the 2022-23 season with just two months remaining on his contract.

Nascimento approached FIFA’s dispute resolution chamber (DRC) and sought the remainder of his remuneration owed according to his contract.

When Shauwn Mkhize criticised Royal AM players

Sports Brief earlier reported that Mkhize hit out at the claims that she failed to pay her Royal AM players.

The club made news after some players claimed they were still waiting to receive the funds promised to them.

Royal AM boss, Shauwn Mkhize, released a statement explaining that all employees, including players, were paid their due compensation within the stipulated time frame,

Babajide Orevba photo
Babajide Orevba
Babajide Orevba is a CAF accredited Nigerian journalist and HOD of the Local Desk with over 10 years of experience in media landscape.He studied NCE Political Science/Social Studies, AOCOED.
Shauwn MkhizeSouth Africa