Bank wants Mandela to pay up for Mercedes

Nelson Mandela's grandson Zondwa Mandela has allegedly refused to pay Investec what he owes for a Mercedes Benz, the Sunday Independent reported.

He was also allegedly refusing to hand the car to the bank's recovery department. Investec spokesperson Howard Tradonsky said the bank obtained a judgment and attachment order in October for the return of the 2008 Mercedes Benz S320 CDI, worth R669 000.

"He may have paid a few installments in the beginning," he told the paper.

"We're not dealing with Mr Mandela any differently from other debtors who are unwilling or unable to pay."

Investigator Howard Blumenfeld, hired by Investec, had no address at which to serve the summons because no one seemed to know where Zondwa was.

A sheriff had visited the homes of former president Nelson Mandela, and ANC MP Winnie Madikizela-Mandela, in a vain effort to find the car, Blumenfeld was quoted as saying.

However, he was in telephonic contact with Zondwa.

"I talk to him [Zondwa] daily. I sent him an SMS this morning," Blumenfeld said.

"He keeps promising me money is coming in and he will pay the bank. But it never happens."

The Sunday Independent said efforts to contact Zondwa Mandela proved fruitless. – Sapa.

Keep the powerful accountable

Subscribe for R30/mth for the first three months. Cancel anytime.

Subscribers get access to all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.

Sapa
Guest Author

Related stories

WELCOME TO YOUR M&G

Already a subscriber? Sign in here

Advertising

Latest stories

2021: The year of the whistleblower

Their role in our democracy has been invaluable, and they will need our protection and support

Five steps to get your Covid-19 vaccine certificate

People without identity documents will have to wait for the government to put in place a proper vaccination system for them

Babita Deokaran: an obstacle for the corrupt

The family of health department employee Babita Deokaran are devastated at her assassination, but proud of her role as a ‘hero’ in exposing corruption

What’s in store for SA as the ANC implodes?

As the increasingly less relevant ANC vacates the middle ground and the centre-left, a void opens, which will urgently need to be filled
Advertising

press releases

Loading latest Press Releases…
×