Hangwani Maumela’s luxury car collection will soon go on sale after Ferrari auction

Hangwani Maumela’s luxury car collection will soon go on sale after Ferrari auction

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Alleged tender fraudster Hangwani Maumela’s luxury car collection will soon go on sale following the auction of one of his Ferraris.

The supercar was auctioned off earlier this week for R10 million.

Ferrari belonging to alleged Tembisa Hospital tender fraudster fetched for R10m

High Court stops alleged tender fraudster Hangwani Maumela’s bid to sell Ferrari

SIU gets green light to sell Hangwani Maumela’s luxury Ferrari for at least R9.5m

The vehicle is believed to have been purchased with proceeds linked to nearly R900 million allegedly obtained through irregular Tembisa Hospital tenders.

The Special Investigating Unit (SIU) has begun the process of selling Maumela’s seized vehicles in an effort to recover funds allegedly stolen through the tender scandal.

While Maumela’s Ferrari SF90 has now gone under the hammer, his other seized luxury vehicles could soon follow suit.

Auction house Bidders Choice has confirmed that it is in possession of several of his other expensive vehicles.

The auctioneer who sold his Ferrari, Jan Le Roux, said he is now waiting for the green light from the SIU to auction the remaining vehicles.

Le Roux listed the luxury car: “We are in possession of four Lamborghinis, two Bentleys and a Golf car.”

Maumela is said to be among those who masterminded the looting of Tembisa Hospital tenders.

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