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Ferrari linked to Hangwani Maumela sold for R10.1-million

# A luxury Ferrari linked to businessman Hangwani Morgan Maumela has been sold for 10.1-million-rand at auction, above the 9.5-million-rand reserve price. The 2022 Ferrari SF90 Stradale was seized during an investigation into alleged two-billion-rand corruption at Tembisa Hospital. The sale follows the High Court in Pretoria’s dismissal of Maumela’s urgent bid to stop the auction. The proceeds will be held in an interest-bearing trust account pending civil proceedings.