Sale of Silverwoods home to be expedited

Sale of Silverwoods home to be expedited

MEDIA STATEMENT

Brian Webber, Ramsay Webber Inc

20 March, 2014

 

It has become necessary to sell Mr. Pistorius’ home in the Silver Woods Country Estate in Pretoria in order for him to raise the necessary funds to cover his increasing legal costs.  This is due to the unexpected extension of the trial beyond the initial three week period for which it was originally set down.

We are issuing this statement to pre-empt speculation in the public and the media, and to state the reasons for this decision.

It is important to note that Mr. Pistorius has been funding his own defence from the outset.  Due to the delay in finalising the trial, the decision to urgently dispose of his single biggest asset, has had to be made.

Initially the State had called for three weeks to be set down in the Court calendar.  However, with the trial now already into its third week and as the Prosecution is still leading evidence, it is clear that the legal process will last significantly longer than originally indicated by the State.

Mr. Pistorius has never returned to his home in Silver Woods since the tragedy of 14 February, 2013.

Mr. Pistorius cannot contemplate ever returning to live there again.

Despite the fact that the house was handed back to Mr. Pistorius by the authorities more than a year ago, a decision was taken to keep the house sealed until after the trial.  He has been forced to revisit this decision due to the reasons outlined in this statement.

The sale will be handled by a sole agent.  Attorneys Ramsay Webber Inc have, in this regard, instructed Ansie Louw Estates of Pretoria and will facilitate the bidding process and the sale of the aforementioned property.

All enquiries to be directed in writing to bw@ramweb.co.za

ENDS

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