Paralympic sprinter Oscar Pistorius has reportedly sold his luxury Pretoria house where he shot dead his girlfriend Reeva Steenkamp last year, in order to raise funds needed to pay his legal team
The legal costs of Pistorius, who put the house on the market earlier this year at a valuation of more than 280,000 pounds, are estimated at 5,400 pounds-a-day.
The report mentioned that Pistorius' legal team includes three of South Africa's leading defence lawyers, a number of ballistics and forensic experts and a US crime scene reconstruction company.
According to The Guardian, the real estate agents dealing with the sale revealed that they have a buyer for the house, adding that the transfer process is now under way, with a lawyer saying that it had become necessary for Pistorius to sell his home in the Silver Woods country estate to raise the necessary funds to cover his increasing legal costs.
At the time of his bail hearing, Pistorius, who has been living at his uncle's house in Pretoria since the shooting, also owned two other houses in Pretoria with a combined value of 85,000 pounds and a vacant plot in Cape Town, the report added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
