Grotesque looting spree uncovered at the National Lotteries Commission
SIU says former NLC board members and executives siphoned funds from the NLC amounting to nearly R300m
27 September 2022 - 16:43
UPDATED 28 September 2022 - 09:42
The Special Investigating Unit (SIU) has called for lifestyle audits to be the norm at the National Lotteries Commission (NLC), which has been dogged by corruption and looting allegations.
The SIU — the state’s corruption-fighting investigating body — provided MPs with an update on how former NLC board members and executives siphoned funds from the entity amounting to at least R500m to purchase luxury properties and goods including Rolls-Royce cars. The funds were earmarked for worthy causes such as the construction of old-age homes and drug rehabilitation centres...
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