TK Nciza Could Lose Luxury Car As Standard Bank Takes Legal Action
Nhlanhla Mafu’s ex-husband, Thembinkosi ‘TK’ Nciza, is facing legal trouble and might lose his fancy Mercedes-Benz car.
Standard Bank has taken TK Nciza to court in Johannesburg to get him to hand over his R1.3 million luxury Mercedes-Benz. They resorted to this legal action because TK Nciza failed to make his monthly payments as agreed.
The Impact of Rising Living Costs on South Africans
It’s not just ordinary South Africans feeling the strain of the high cost of living. According to a report by Sunday World, TK Nciza, who also holds the position of the African National Congress (ANC) Gauteng provincial secretary, bought a 2015 Mercedes-Benz S400L on June 15, 2016. Receipts confirm the car’s price at R1.3 million, and it was purchased in Randpark Ridge in northern Johannesburg.
Defaulted Payments and Legal Consequences: TK Ncisa Could Lose His Car
Under the agreement with Standard Bank, TK Nciza committed to paying back R1.9 million to the bank through 72 monthly instalments of R23,000. This amount doesn’t include the R349,000 balloon payment that was due on July 5 last year.
However, TK Nciza hasn’t made any payments since last year.
Court documents quoted by Sunday World reveal that as of June 13, 2022, TK owes the bank R133,377.79 in arrears.
“As of 13 June 2022, the arrears amount owing by the defendant to the plaintiff under the agreement is R133,377.79,” Sunday World quoted the court documents as saying.
Unconventional Romance: TK Nciza and Lebo Phasha’s Revelations
In a separate development, TK Nciza and his fiancée, Lebo Phasha, made headlines due to an Instagram video. In the video, the couple shared details about their romantic life, suggesting that people should explore pleasure without limitations. Lebo Phasha encouraged viewers not to confine pleasure to the bedroom, stating,
“Do not limit yourself when it comes to pleasure; have it everywhere. Everywhere. Bedroom for what? For who? Yes, we want spicy.”
A man, believed to be Nciza, echoed her sentiments, questioning the need for restricting pleasure to the bedroom, saying,
“Bedroom for who?”