About 10 trucks own by the Sam Holdings has been auctioned for sell by the Aucor Auctioneers in Midrand South Africa.
The viral video uploaded on Twitter on Thursday rvealed that the company has gone defunt and since has decided to sell off their remaining trucks.
What happened to SAM HOLDINGS IS SAD 😭😭😭 pic.twitter.com/QHLb8h9I7n
— Mohlanka wa Morena (@_DJCappuccino) June 3, 2020
Who Owns Sam Holdings Company?
The owner of the company SAM Holding is Sam ‘Mshengu who is 27 years old was last year arrested by the Hawks in connection with a bribery case.
According to reports revealed by the Hawks in a statement on Monday September 2019 that the 27-year-old businessman Sam Chabalala, popularly known as Sam Mshengu of Sam Holdings, had allegedly attempted to bribe his way out of looming legal trouble last week.
It only made his troubles worse though.
Brigadier Hangwani Muluadzi said in the statement that Chabalala appeared in the Witbank Magistrates’ Court on Monday on charges of alleged bribery, corruption, possession of an unlicensed firearm and fraud in terms of contravening the Immigration Act.
He was arrested on Friday at a restaurant at Emalahleni’s Highveld Mall after an alleged attempt to pay home affairs officials R40,000 “to destroy reports of a fraudulently obtained South African identity document against him”, said the Hawks.
The Hawks’ Serious Commercial Crimes Investigation unit swooped on him shortly afterwards and found an unlicensed firearm in his vehicle, a green Mercedes-Benz, one of many luxury cars he owns.
He will be appearing to apply for bail again on Friday. On Monday, there was a fair bit of drama outside court when supporters arrived in a fleet of flashy cars to support him.
An investigation of Chabalala’s citizenship status had earlier been initiated by the department of home affairs, with reports suggesting that he is actually from Zimbabwe and may have allegedly obtained his South African citizenship illegally. The Hawks, however, are apparently still trying to ascertain where he really comes from.
Winning The Ballon d’Or Have Been One Of My Childhood Dreams – Benzema
Real Madrid striker, Karim Benzema has spoken on what the Ballon D’Or award means to him. Benzema in an interview...
What Mbappe’s Mother Said About His Contract Extension With PSG
Champions League: Messi Reveals What They Need To Do In PSG To Play Better
Worked So Hard, Didn’t See My Family For So Long – What Usyk Said After Defeating Anthony Joshua
EPL: Why I Left Chelsea & Joined Lyon – Emerson
Man Utd Carabao Cup Exit: What We Must Do For The Other Competitions Ahead – Bruno Fernandes
LaLiga: Why Our Match Against Granada Ended In A Draw – Ronald Koeman
Am Catching Flights, You Catching Feelings – Mr JazziQ Says As He Celebrates 1M Instagram Followers
South African music producer, Mr JazziQ has officially upgraded his level in the photo-sharing website “Instagram” and has joined the...
Lady Du Celebrates Her Daughter’s Fifth Birthday In Style (Photos)
Lady Du’s daughter, Mia celebrated her fifth birthday yesterday and the singer had to surprise her with a breathtaking birthday...
What Universal Music Did To My Career – Heavy K
Afro House hitmaker, Heavy K has opened up on what he went through in the hands of his former record...
Stop Playing With Me – A Reece Warns Haters
South Africa Hip Hop music star, A Reece has sent a warning to all haters who said he became irrelevant...
I Only Do Amapiano When The Money Is Right – Prince Kaybee
South African music producer who has been going through lashes by his fans after he announced that he is working...
DJ Maphorisa Wants To Know Why Shimza Is Making Music Alone
DJ Maphorisa says he wants to know why his fellow music producer, Shimza is making music alone as he ought...
13-Story Residential Buiding In Taiwan Comepletly Razed Down By Fire, 46 Reportedly Dead
Taiwan: No fewer than 46 people lost their lives after a fire incident in a residential building in Southern Taiwan...