Terry Pheto Loses More Due To NLC Corruption Scandal

Terry Pheto’s brand from an actress and activist was tarnished as she was linked to a National Lottery Council (NLC) corruption scandal. As shared before:
 

“The Special Investigating Unit (SIU) welcomes a preservation order from the High Court of South Africa, Gauteng Division, Pretoria to freeze nine luxury properties in Pretoria, Centurion, Hartbeespoort and Johannesburg, a BMW 420i and two ocean basket franchises in the East Rand with the combined value of approximately R25 million.

SIU investigations in the affairs of the National Lotteries Commission (NLC) had revealed that the acquisition of the properties was funded. by the Non-Profit Organisations (NPOs) with money they had received, under the auspices of grant funding, from the NLC.”

While the matter came as a surprise, it was this specific part which seemed to shock tweeps more as they looked for the humour in the matter as part of the thread read: 

“…restrains:
•Moitheri Pheto
•Lesley Ramulifho
•Collin Mukondeleli Tshisimba
•Fulufhelo Promise Kharivhe
•AO Residence Trust represented by Mashudu Shandukani
•Rasemate Family Trust represented by Rebotile Malomane”

After the preservation order was granted, Pheto’s legal representatives contacted the SIU and the AFU indicating that they will not contest the preservation order granted by the High Court. 

The SIU was, in terms of Proclamation R32 of 2020, authorised by President Cyril Ramaphosa to investigate allegations of corruption and maladministration in the affairs of NLC and the conduct of NLC officials, and to recover any financial losses suffered by the State or NLC.

The auctioning of Pheto’s home is a continuation of the implementation of the SIU investigation outcomes and consequence management to recover assets and financial losses suffered by State institutions and/or to prevent further losses.