JOHANNESBURG - The hammer has come down on Hangwani Morgan Maumela's Ferrari.
The 2022 Ferrari SF90 Stradale was valued at around R14-million, but bidding closed at R10.1-million.
READ | Hangwani Maumela's multimillion-rand Ferrari set for auction
The auction follows a Special Tribunal order authorising the SIU-appointed curator to put the vehicle under the hammer.
The Ferrari is among several luxury vehicles preserved as part of an SIU investigation into alleged corruption and the looting of R2-billion at Tembisa Hospital.