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R9.5m Ferrari linked to Hangwani Maumela could be sold after court ruling
The court said the R9.5 million Ferrari can be sold because storage and insurance costs outweigh any likely gain in value.
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4 Articles
4 Articles
Court dismisses urgent bid to halt sale of Maumela's R10m Ferrari, SIU welcomes decision
The High Court in Pretoria has dismissed an urgent bid by businessman Morgan Maumela and his family trust to halt the sale of a luxury Ferrari SF90 Stradale, paving the way for state investigators to auction the supercar for at least R9.5 million. Maumela and the trustees of the MHR Maumela Family Trust sought to block a decision by the Special Tribunal authorising the Special Investigating Unit’s (SIU) appointed curator to sell the vehicle. REA…
Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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