How Terry Pheto allegedly built a mansion with NLC grant funds
The SIU has dug deep into the maladministration of NLC grant funds, implicating prominent figures like acctress, Terry Pheto.
The Special Investigating Unit(SIU) Is forging ahead with its investigation into the maladministration and mismanagement of funds from the National Lotteries Commission(NLC). Actress Terry Pheto allegedly also benefited from the NLC grant funds.
This after the Gauteng High Court in Pretoria dismissed an interdict application by Dr John Marite.
Marite is fingered in the SIU investigation involving R20,2 million in NLC grant funding. The funds were meant to roll out a public campaign and medical intervention projects aimed at achieving traditional circumcision.
WHAT HAPPENED TO NLC GRANT FUNDS?
However, according to the SIU, R20 264 090 was paid to Zibsomode NPC. A company with links to former NLC board chairperson Alfred Nevhutanda.
Subsequently, the company paid R3 million to construct Pheto’s Bryanston home. The home was seized by the Asset Forfeiture Unit and sold at auction for R3,9 million.
Marite, who planned to interfere in the investigation, allegedly received just under R7,3 million from Zibsimode. This was invoiced through his company Right Play Health Services. As a doctor, Marite was to perform the male circumcision practice.
However, just two days after receiving funds, R2 million was paid to Iron Bridge Travel and Events. The company is said to be owned by relatives of former NLC Chief Operating Officer Philemon Ledwaba.
Right Play also paid R2 million to Ndzhuku Trading. The company owned by Malwande Solly Siweya further received three additional payments from Zibsimode totalling R4,1 million.