Mandela daughter ordered to pay R62m

2011-12-23 18:00
Johannesburg - Nelson Mandela's daughter, Zindzi, must pay Los Angeles boxing adviser Duane Moody about R62.1m for breaching a boxing contract, reported The Star on Friday.

According to the report, US judge Richard Niedorf ruled that Zindsi must pay Moody for breaching a contract that was to see boxing champions Floyd Mayweather jnr and Manny Pacquiao fight in South Africa as part of Nelson Mandela's 93rd birthday celebrations.

Moody stated in court papers that the event was supposed to be held at Orlando Stadium in Soweto in November but negotiations with Mayweather fell through when Zindzi did not come up with the money to finance the event.

Moody sued Zindzi for breach of oral contract, promise without the intent to perform and negligent misrepresentation.

"We do not want to say anything further as this might affect our ability to recover the money," said Moody's lawyer Jamie Keeton.

Zindzi's US representative Michael Lodge said Zindzi was aware of the judgment and that she believed Mohlaleng Media would cover the legal costs as she was a consultant with the company.

Mohlaleng Media did not respond to questions sent to them, said the newspaper.
Read more on:    zindzi mandela

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
99 comments
Comments have been closed for this article.

Inside News24

 
PARTNER CONTENT
INFOGRAPHIC: New thinking required for retirement

Everything we believe about retirement is fast becoming outdated.

/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.