These Beemers were auctioned on Monday, but apparently these were just the tip of Khulubuse Zuma’s auto-iceberg
Earlier this week we paid close attention to the goings on at the auction of controversial mining magnate Khulubuse Zuma’s belongings in Verulam, Kwa-Zulu Natal, as reported to us by the lovely Sarah Britten (@anatinus) who was at the event, via Twitter.
Three of Zuma’s BMWs and assorted other household furniture and appliances went under the hammer to service some of the millions in debt owed by Zuma’s now defunct Aurora Empowerment Systems to creditors and employees. Around R200 000 was raised, which is… er, not exactly the R10 million Zuma owes Protea Coin Security.
Now it emerges that the Sheriff of Verulam, who was responsible for attaching Zuma’s possessions “missed” over a dozen other luxury vehicles registered in Khulubuse Zuma’s name.
The Citizen paper used the e-NATIS system to track down the rest of Zuma’s fifteen-strong fleet, which includes,
What about the Maserati Khulubuse allegedly bought his girlfriend and was caught speeding in recently? It emerged today the sports car was not listed against his name, suggesting the car was probably licensed in her name and not his. Likewise, a quadbike Khulubuse was recently seen driving into the ground at a relative’s wedding was also not technically his.
The Verulam Sheriff apparently only attached vehicles discovered at one of Zuma’s homes, while the rest of the fleet (most listed above) were housed at another of his home’s that is listed in the name of a business associate, hence the error. The Sheriff’s office were not aware Zuma lived in a house he did not actually own, not to mention that he kept a fleet of fifteen cars there.
Clearly, the value of some of the Mercs alone would add considerably more to the debt repayment than the broken ass Beemers auctioned off on Monday, not to mention other vehicles and assets Khulubuse might have squirreled away somewhere.
Here’s @anatinus on the story via Twitter:
Thus far, Protea Coin Security and their lawyers have not commented on the auto-oversight, and its unknown when the rest of Zuma’s fleet will be attached and auctioned off. Zuma also faces potential legal action from the Solidarity trade union over unpaid salaries to the tune of R4,5 million.
[Source: Sarah Britten on Twitter, Citizen Online, MSN]
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