Particle.news

Download on the App Store

SIU Seizes Luxury Assets in Raid on Maumela as Tribunal Preserves Up to R900 Million

A Special Tribunal order is enabling wide asset preservation to support recovery of funds linked to the Tembisa Hospital probe.

Overview

  • Investigators raided Hangwani Maumela’s Sandhurst home on 9 October, removing luxury vehicles and securing high‑value items under court‑approved preservation orders.
  • The SIU says assets valued at about R133.5 million were secured during Thursday’s operation, under an expanded order that preserves approximately R900 million tied to the alleged scheme.
  • Officials listed a Sandhurst property estimated at R70 million, three Lamborghinis worth about R25 million, household contents and security items, with additional high‑end cars attached at an Emalahleni dealership.
  • At the Mpumalanga dealership, two unbonded properties worth roughly R35 million were provided as surety after Aston Martin, Ferrari and Rolls‑Royce vehicles were attached by the curator.
  • The asset actions follow interim SIU findings that three syndicates looted more than R2 billion at Tembisa Hospital, including a Maumela‑linked network handling about R816 million through 41 suppliers, with roughly R520 million in linked assets identified; the NPA is engaged and further recovery proceedings are planned.