DA Calls for Termination of Royal AM Sponsorship Over Financial Mismanagement

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DA Calls for Termination of Royal AM Sponsorship Over Financial Mismanagement
SponsorshipRoyal AMFinancial Mismanagement
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The Democratic Alliance (DA) in KwaZulu-Natal has called for the immediate termination of Royal AM's R27 million sponsorship by the struggling Msunduzi Local Municipality. The motion comes after the club, owned by Shauwn Mkhize, reportedly failed to pay salaries in December and has faced scrutiny due to tax evasion allegations and legal proceedings.

Mismanagement has been blamed for the financial problems that Shauwn Mkhize’s Royal AM are currently facing. Photo: Ayanda Ndamane/Independent Newspapershas called for the immediate termination of Royal AM's R27 million sponsorship by the struggling Msunduzi Local Municipality in KZN. submitted a motion calling for the municipality"to review and terminate the club's R27 million sponsorship" of the outfit owned by controversial Durban businesswoman, Shauwn Mkhize .

"The municipality cannot continue supporting a business facing serious legal proceedings, including allegations of tax evasion. Non-compliance with tax laws and deliberate tax evasion are criminal offences that should not be taken lightly by any municipal authority," the statement read."Maintaining a relationship with an entity under such scrutiny is damaging to the municipality’s reputation.

"The DA has consistently opposed the sponsorship of Royal AM, especially given the dire state of service delivery in Msunduzi. Collapsing infrastructure has left residents without consistent access to water and electricity.

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Sponsorship Royal AM Financial Mismanagement Tax Evasion Msunduzi Local Municipality

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