SIU auctions Bryanston home of Tsotsi star Terry Pheto
The Bryanston home of award-winning actress Terry Phetho will be auctioned as part of efforts to recover losses suffered by the National Lottery Commission.
The house, which was allegedly built with funds siphoned from the Lottery commission, is set to be auctioned on Thursday.
The auction comes some five months after the High Court in Pretoria granted the Special Investigating Unit a preservation order to freeze nine luxury properties, including the Tsotsi star's Joburg home.
“The SIU investigations have found that the money used for the purchase of the land and construction of the home came from non-profit organisations that received NLC funding meant for the roll-out of a public campaign and culturally sensitive medical intervention projects aimed at achieving traditional circumcision practice,” says the SIU’s Kaizer Kganyago.
Pheto has denied any wrongdoing.
"I am dismayed to discover that I am the subject of a Special Investigation Unit probe into allegations of fraud relating to funding by the National Lotteries Commission. I deny any involvement in the alleged scheme that has been reported on. I also had no prior knowledge of an application to obtain a preservation order against me and have no sight of this order," she said in a statement.
But Kganyago says Pheto’s legal team did not contest the court order.
“The auctioning of Pheto’s home is a continuation of the implementation of the SIU investigation outcomes and consequence management to recover assets and financial losses suffered by State institutions and/or to prevent further losses.”
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