South Africans react as Tsotsi star actress, Terry Pheto, is accused of linked to R25million property fraud by National Lotteries Commission (NLC) and THE SIU

Terry Pheto linked to R25million property fraud. The SIU has obtained a high court preservation order to freeze nine luxury properties in Gauteng, a BMW 420i and two Ocean Basket franchises on the East Rand. Their combined value is about R25m.

Investigations into the National Lotteries Commission (NLC) revealed the acquisition of the properties was funded by non-profit organisations with money they received, under the auspices of grant funding, from the NLC.

“The luxury properties constitute proceeds of unlawful activities, hence the application for a preservation order pending the final determination of the application for final forfeiture,” said SIU spokesperson Kaizer Kganyago.