TODAY'S HEADLINES

Aquino formally asks Congress for additional powers to tackle power crisis 16-Sep-14, 12:13 PM | Lira Dalangin-Fernandez and Ernie Reyes, InterAksyon.com

SC junks bid for writ of kalikasan over USS Guardian grounding 16-Sep-14, 2:19 PM | Brian Maglungsod, InterAksyon.com

MVP takes the #RiceBucketChallenge 16-Sep-14, 9:33 AM | Tricia Aquino, InterAksyon.com

Cebu Pacific cancels 4 flights to Hong Kong due to bad weather 16-Sep-14, 3:35 PM | Eric B. Apolonio, InterAksyon.com

WALANG PASOK | Oct 6 declared a holiday to mark Eidul Adha 16-Sep-14, 1:20 PM | Dexter San Pedro, InterAksyon.com

World

Mandela widow formally waives right to $4-million estate

South Africa's first black president and Nobel peace laureate Nelson Mandela and his third wife Graca Machel wave to crowds, in this undated file photo. AFP/Getty Images

InterAksyon.com
The online news portal of TV5

JOHANNESBURG - Nelson Mandela's widow Graca Machel has given up her right to half his more than $4-million estate, an executor of his will said Tuesday.

The Nobel peace laureate, who died last December, left several assets to his third wife on condition she forfeited her right to half the 46 million rand ($4.3 million, 3 million euro) estate.

"I confirm that Mrs Machel has formally and in writing accepted the benefits bequeathed to her in the last will and testament of former president Mr NR Mandela," executor Dikgang Moseneke told Sapa news agency.

Mandela and Machel had been married for 15 years "in community of property", which under South African law meant she had the right to half his estate.

However, executors said in February she would receive four properties in her native Mozambique as well as cars, art work, jewelry and other assets if she forfeited that right.

South Africa's first black president left money to his children and grandchildren, donations to educational institutions he attended and to his party the African National Congress.

Mandela spent 27 years in jail before becoming head of state after the first all-race elections in 1994 and his politics of forgiveness and reconciliation made him a global peace icon.

He married Machel, the widow of Mozambique president Samora Machel, in 1998.

Mandela died on December 5 and was buried 10 days after in his rural boyhood home of Qunu after a state memorial service attended by dignitaries from around the world.

 

OTHER WORLD STORIES
BREAKING NEWS