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Although the monarch was entitled to use 5% of the revenue raised on activities related to his work as the board’s sole trustee, its former chairperson,Not only was a R1.55 million South African Revenue Service bill— including penalties — incurred by the late king paid from trust funds in 2019, but a second payment was made to the tax authority for R459 000 on his behalf the following year.
Ngwenya also committed the trust to paying more than R9 million in legal fees run up by the current king,The startling evidence of “maladministration” on the part of Ngwenya — and an array of supporting receipts and internal memorandums — is contained in papers submitted to the Pietermaritzburg high court by the current ITB chief executive,Mngwengwe’s revelations are the first time the finances of the trust, set up to administer traditionally controlled land on the king’s behalf, have been made...
According to Mbonisi, the court needs to prevent the ITB from making payments of any kind until after the court has ruled on the succession matter, which was heard recently in the North Gauteng high court and in which judgment was reserved. Mngwengwe said the current board was “confronted with a number of challenges which were inherited from its predecessors” and which were a result of “maladministration” by the old board.
“It was unclear at the time how the former board or chairperson could bind the trust for debts of the ingonyama that did not relate to any of the expenses permitted in terms of the disbursement policy of the trust,” Mngwengwe said. Mangwengwe said money would be taken from the 5% of revenue allocated for projects undertaken by the king, who had been informed that there would be no other payments made on his behalf during the 26-month period. Mngwengwe said the new board was bound by agreements made prior to their appointment, “one of the unfortunate challenges inherited by this board” from the earlier board.
“Further and of greater concern, there were a number of payments made for accommodation at hotels for members of the royal family, including the ingonyama,” said Mngwengwe.
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