Scramble for AMI church funds
Multimillion-rand investments and companies belonging to controversial Alleluia Ministries International (AMI) church leader Alph Lukau and associates are believed to be undergoing liquidation, prompted by a Johannesburg-based conglomerate’s move to recover R50m for alleged breach of contract.
City Press reports that Tarsus Shared Services last month obtained a liquidation order from the Master of the High Court to dissolve assets of companies and entities linked to the church leader after he failed to settle a hefty rental bill for the church’s Johannesburg premises.
However, an affidavit from liquidators shows that financial entities belonging to Lukau have no meaningful assets, despite millions flowing from their bank accounts.
The Master of the High Court last week subpoenaed the liquidators of the entities, cited as Kings Vision Holdings, Premier Consulting Services, Al Resident Holdings and The Palace Boutique Hotel – whose directors are Lukau, his wife Celeste and business partner John Ferguson – to furnish the applicant (Tarsus) with assets belonging to the group.
Article disclaimer: While we have made every effort to ensure the accuracy of this article, it is not intended to provide final legal advice as facts and situations will differ from case to case, and therefore specific legal advice should be sought with a lawyer.
