SIU recovers over R3 million in stolen lottery funds
Investigations revealed the funds never reached their intended beneficiaries.
The Special Investigating Unit (SIU) has recovered over R3 million in stolen lottery funds meant for community development.
In 2018, Todi Media was granted R1,5 million for a media project, while Zibsiflo received R1,7 million intended for women’s soccer clinics in the Free State.
Investigations revealed the funds never reached their intended beneficiaries and were instead used for luxury property purchases.
Both entities have since signed Acknowledgements of Debt and returned the cash.
However, SIU Spokesperson Selby Makgotho warns that paying the money back does not mean the culprits are off the hook …
“This recovery demonstrated the SIU’s commitment to protecting public funds. Money meant to empower communities was instantly diverted into private enrichment schemes. The SIU has ensured repayments. Repayments and settlement agreements do not absolve one of the SIU’s obligations to make a referral for evidence of criminal conduct.”