Home of Moitheri Pheto gained from NLC Funding to be auctioned<\/p>\n
The house of Moitheri Pheto that was built with funds linked to siphoning of the National Lottery Commission (NLC) grant funding will be auctioned on Thursday, 2 March 2023 at 11h00.<\/p>\n<\/p>\n
The auction follows a preservation order granted by the High Court of South Africa, Gauteng Division, Pretoria, to the Asset Forfeiture Unit (AFU) and the Special Investigating Unit (SIU) on 4 November 2022 to freeze Pheto\u2019s Bryanston home.<\/p>\n<\/p>\n
The SIU investigations have found that the money used for the purchase of the land and construction of the home came from non-profit organisations that received NLC funding meant for the roll-out of a public campaign and culturally sensitive medical intervention projects aimed at achieving traditional circumcision practice.<\/p>\n<\/p>\n
After the preservation order was granted, Pheto\u2019s legal representatives contacted the SIU and the AFU indicating that they will not contest the preservation order granted by the High Court.<\/p>\n<\/p>\n
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.<\/p>\n<\/p>\n
The auctioning of Pheto\u2019s 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.<\/p>\n<\/p>\n
Follow the link below for details of the auction: http:\/\/assetauctions.co.za\/listing\/auction-3-bedroom-home-in-upmarket-bryanston\/(link is external)<\/p>\n<\/p>\n
Fraud and corruption allegations may be reported via the following platforms:<\/p>\n<\/p>\n
Source: Government of South Africa<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
Home of Moitheri Pheto gained from NLC Funding to be auctionedThe house of Moitheri Pheto that was built with funds linked to siphoning of the National Lottery Commission (NLC) grant funding will be auctioned on Thursday, 2 March 2023 at 11h00.The auct…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"yoast_head":"\n