Car fleet goes for R8m

Four vehicles from the much-bragged about luxury fleet of personal protective (PPE) equipment fraud-accused Thabiso Hamilton Ndlovu finally went under the hammer on Wednesday.

- Three Porsches and a Lamborghini sold in minutes.

The auction, facilitated by Park Village Auctions (PVA) in Johannesburg, was held virtually with Ndlovu's bright yellow Lamborghini Urus 4.0 V8 stealing the show.

The bidding for the Hamilton Holdings CEO's luxury high-performance sports SUV, which began at R3 million, lasted all of four minutes.

The 2019 Lambo Urus fetched a staggering R4.345 million, which is roughly R1 million more than PVA had expected. The model sold on auction has 31 395km on the clock and features a V8 engine, yellow paint wrap, black sports rims and red leather seats.

"These vehicles are the star of the show as there are not many of them in the country. It has been [appraised] at a value of close to R7 million down to R4 million. It's an unusual vehicle," Graham van Niekerk of PVA told SNL24.

"When you drive out, you can see a Porsche Panamera and a Porsche 911, but rarely this one on the road. It's a car that stands out."

The Urus, a 2020 Porsche 911 Carrera, 2019 Porsche Panamera GTS Sport and a 2020 Porsche Cayenne S Coupe from Ndlovu's garage were auctioned for about R8.5 million.