South African Olympic track star Oscar Pistorius, accused of killing his murdering Reeva Steenkamp, is "on the verge of suicide," a close family friend said.

The athlete is a "broken man" after rising legal costs forced him to sell his belongings, Mike Azzie claims, noting that Pistorius denies it was murder.

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Oscar Pistorius was awarded bail on Friday after being charged with murdering his girlfriend. He will be free, pending his trial in a few months' time.

The ruling by Magistrate Desmond Nair was cheered by Pistorius' family and supporters at the Pretoria magistrate's court; the athlete himself was unmoved.

Posted in: Oscar Pistorius