Hangwani Maumela's Ferrari up for Auction After Bid to Stop Sale Dismissed

Hangwani Maumela's Ferrari up for auction after bid to stop sale dismissed

Auction will start at 8 am on Friday 6 November with starting price of R8 million after Pretoria High Court dismissal.

Maumela’s R9.5 million Ferrari to be auctioned as court rejects bid to block sale

A luxury Ferrari linked to businessman Morgan Maumela is set to go under the hammer from Friday, November 6, 2026, as investigations continue into the alleged looting of approximately R2 billion from Tembisa Hospital. This comes after the Special Investigating Unit (SIU) uncovered alleged corruption and maladministration involving approximately R2 billion at Tembisa Hospital. The investigation exposed suspected procurement fraud and irregular co…

Maumela's R10m Ferrari goes on auction on Friday

A Ferrari linked to businessman Morgan Maumela is set to go under the hammer from Friday, November 6, 2026 after the Special Tribunal