The SIU has obtained a high court preservation order to freeze 9 luxury properties, a BMW 420i and 2 Ocean Basket franchises linked to actress Terry Pheto, among others.
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 onthe 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.
The luxury properties, therefore, constitute proceeds of unlawful activities hence the application for a preservation order pending the final determination of the application for final forfeiture.
In terms of the High Court order, which was granted on 4 November 2022, prohibits, and 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
•Mojakgomo Family Trust represented Thabang Charlotte Mampane,
•Unbrand properties represented by Sthembiso Jim Skosana,
•Just Cuban Trust represented by Botshelo Cornelius Moloto
•And any other person with interest in the properties are prohibited from selling, disposing of, leasing, transferring, donating, or dealing in any manner whatsoever with respect to the immovable and movable properties.
Discover more from KossyDerrickent
Subscribe to get the latest posts sent to your email.
