Mandela will revealed - As it happened

2014-02-03 12:04
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Nelson Mandela will revealed

2014-02-03 13:08

Watch the full reading of Nelson Mandela’s will here.WATCH

The Mandela Foundation is set to reveal the contents of Nelson Mandela’s will at midday on Monday.

The reading of the will has caught the public attention, particularly in light of Mandela’s daughters suing their father last year.

Zenani and Makaziwe Mandela sued Madiba for the rights to his artworks and control of his millions, The Star reported in May last year.

14:04 - If you'd like to see the entire briefing, take a look, it's all here.


 


13:36 - The presser is over. As soon as the statement is online we'll publish. 


13:36 - Moseneke: I don't know where Ms Machel is going to live. I don't know what is due to her from government.


13:34 - Journalists being asked "do not leave the room".


13:34 - Mandela made provision for devolution of Houghton home, Qunu home and a home in Mthatha.


13:33 - Moseneke says reading will to family was "charged with emotion". He says: "It went well".


13:32 - Graca married in community of property - she is entitled to 1/2 of estate, has 90 days to decide if she will exercise this


13:29 - Reporter wants to know what the "mood"was when the will was being read to the family.


13:29 - Moseneke: We have a duty to file a provisional inventory...and that's what it is.


13:27 - Moseneke: We're talking about rands, not USD. [In response to a reporter]


13:24 -  At this stage nobody has contested the will but there is a 90 day period in which this is allowed.


13:22 - The estate provisionally is worth R46m but subject to final verification.


13:18 - ANC also gets royalties - to be used at discretion of ANC executive to spread principles and policies of ANC, including reconciliation.


13:17 - R1.5m to the Mandela family trust, plus royalties.


13:15 - Clarkbury Institution in Transkei gets R100K. Hilltown, Wits uni, Fort Hare uni getting R100K. R100K for Qunu Secondary pupils. R100K to Orlando West High School. 


13:14 - Graca Machel agrees to waive all right to Nelson Mandela's estate.


13:14 - Bequests of R50 000 made to various staff members. One of them is Zelda Le Grange. 


13:10 - Mandela will covers bequests to children and grandchildren from each of his three wives.


13:10 - Moseneke says Mandela wanted executors should consult with Graca, Winnie and Makaziwe. 


13:10 - Executors have appointed two firms of attorneys to wind up estate.


13:09 - George Bizos sitting next to Moseneke.


13:08 -  Moseke says all legal requirements of the will have been met.


13:08 - Mandela executed will in 2004. Updated in 2005.


13:06 - Executors won't be involved in matters of customary law. 


13:06 - Mandela will executors say they want process to be as transparent as possible.


13:06 - Moseneke: In view of extensive public interest in will of Mandela, executors have decide to prepare summary.


13:05 - The will statement is going to be available online.


13:04 - Justice Moseneke speaking now. 


13:03 - 


13:02 - ANC treasurer Zweli Mkhize is also at the reading.


13:01 - Looks like it's about to start.


12:49 - Reporters are now being told the reading will be at 13:00. 


12:39 - The will is still being read to family right now, according to an official here, tweets the BBC's Andrew Harding.


12:34 - Oh sarcastic joy. The briefing has been further delayed. Another 20 or 30 minutes. 


12:26 - A lot of tweeters reckon Mandela's will shouldn't be made public. 


12:16 -  Some of the key issues here are the value of his estate and will anyone in family contest it.


12:12 - That's a lot of media... 


12:03 - There's a 30 minute delay in the reading, says reporter Ranjeni Munusamy.So it'll now start at 12.30. Hopefully.


11:58 - 



Read more on:    nelson mandela  |  zenani mandela  |  makaziwe mandela
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