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Bid to halt sale of Ferrari linked to Tembisa corruption dismissed

The High Court in Pretoria has dismissed a bid by businessman Morgan Maumela and the MHR Maumela Family Trust to halt the sale of a Ferrari valued at R9.5 million, which is among assets preserved by the Special Investigating Unit (SIU) amid its corruption probe at Tembisa Hospital. The court ruled that Maumela and the trust failed to demonstrate a clear right to prevent the sale or prove they would suffer irreparable harm if it proceeded.

The SIU spokesperson Selby Makgotho affirmed the significance of the judgment, stating that it affirms the preservation and civil recovery mechanisms available to the SIU through the Special Tribunal to prevent asset dissipation in corruption investigations. The SIU remains committed to investigating corruption allegations, recovering state losses, and ensuring the preservation of assets linked to unlawful conduct for the public interest.

Brief written by urgent.news from SABC News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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