Former Ingonyama Trust Board (ITB) chairperson Sipho Ngwenya has been accused by the Pietermaritzburg High Court of failing to comply with an order to repay R30 million belonging to the Ingonyama Trust.
Former Ingonyama Trust Board (ITB) chairperson, Sipho Ngwenya, has recently lost his bid to appeal a Pietermaritzburg High Court ruling ordering him to repay R30 million, a sum he had instructed to be transferred from the Ingonyama Trust to his attorney’s trust account.
The court dismissed his application for leave to appeal, deeming his arguments for overturning the repayment order as stillborn and unjustified in law.
The R30 million transfer to the trust account of his lawyer, Jafta Incorporated, occurred after the Ingonyama Trust sold land in Hammarsdale to the eThekwini Municipality in June 2018. According to Vela Mngwengwe, the former CEO of ITB, Ngwenya lacked the authority to order this transfer of funds.
Furthermore, Mngwengwe stated that Ngwenya failed to explain the whereabouts of the money when served with a letter of demand.
