Hangwani Maumela Files Urgent Court Bid to Block Sale of R10m Ferrari SF90

• Controversial businessman Hangwani Morgan Maumela rushed to the High Court in Pretoria after learning his R10 million Ferrari SF90 had already been sold
• The SIU-appointed curator sold the blue hybrid supercar for R9.6 million while a leave to appeal was still pending
• The Ferrari is among dozens of luxury assets seized in connection with the R2 billion Tembisa Hospital tender fraud investigation

PRETORIA — Businessman Hangwani Morgan Maumela has approached the High Court in Pretoria on an urgent basis, seeking to halt both the sale and transfer of his R10 million Ferrari SF90 hybrid supercar after discovering the vehicle had already changed hands.

According to TimesLIVE, Maumela, acting in his capacity as trustee of the MHR Maumela Family Trust, was notified at 17h03 on 18 August 2026 that the blue supercar had been sold for R9.6 million. He argues that SIU-appointed curator Jacobus Gideon Louw van Wyk moved ahead with the transaction in bad faith, given that a leave to appeal against the Special Tribunal's ruling remained unresolved at the time.

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Judge had authorised sale over holding costs

Judge Bernard Ngoepe had previously granted the curator permission to proceed with the sale, citing the financial burden of maintaining the vehicle. Court documents indicate the Ferrari was costing approximately R100,000 per year in insurance and R5,000 per month in storage fees, with ongoing depreciation adding to those concerns.

Ferrari linked to Tembisa hospital fraud probe

The supercar is one of numerous high-value assets placed under a preservation order in October, issued as part of the Special Investigating Unit's broader probe into the R2 billion Tembisa Hospital tender fraud. Maumela is identified as a key beneficiary in that investigation.

The preserved assets extend well beyond the Ferrari, encompassing multiple Lamborghinis, Aston Martins, a Bentley, and eight properties with a combined value of R175 million. The South African Revenue Service has separately issued tax assessments totalling R39.9 million against Maumela's mother, Mboneni Benedicta Maumela, covering the period from 2017 to 2023. The High Court is expected to rule on the urgent interdict application in the near term.

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NDPP explains why Maumela not arrested

In a related article, Briefly News reported on why businessman Hangwani Maumela remains free despite the seizure of more than R300 million in assets linked to his alleged syndicate. NDPP Andy Mothibi told Parliament that the Hawks’ investigation is active and that authorities are working to ensure those responsible for the Tembisa Hospital corruption are held accountable.

The case has drawn public attention because Maumela has not been charged, even as investigators probe alleged dealings worth about R800 million. The scandal came to light after whistleblower Babita Deokaran flagged suspicious transactions before her assassination in 2021.

Source: Briefly News