Story thread · 2 reports / 2 sources

SIU claws back R6 million in misused NLC grant funding

sanews.gov.za · 13dShare

SIU claws back R6 million in misused NLC grant funding The Special Investigating Unit (SIU) has secured a judgment declaring unlawful and invalid a R9 million National Lotteries Commission (NLC) grant to non-profit organisation (NPO) Motheo Sports and Entertainment Foundation for a sports complex that was never constructed. The order was handed down by the Special Tribunal, a specialised judicial forum, established to recover public funds lost to fraud, corruption and illicit money flows. The judgment found that the NPO, together with former NLC officials and other individuals, diverted funds meant for a sports complex in Protea Glen in Soweto, for personal enrichment. “The Tribunal set aside the grant agreement and ordered Jeremane Petrus Sedibe, whom the SIU identified as the mastermind behind the scheme, together with Motheo, former NLC officials, associated individuals and entities involved in the unlawful conduct, to jointly and severally repay R6 million. “The first two tranches

First report: SIU wins court order to recover R6m in failed R9m NLC Soweto sports project — citizen.co.za, 13d