Terry Pheto couldn’t sell her property for 4 million rands

 

The Tsotsi actress is currently embroiled in a multi-million rand alleged National Lotteries Commission corruption scandal. A preservation order was recently obtained by the Special Investigating Unit (SIU) on her property, which they claim was built with funds siphoned from the National Lottery Commission (NLC) grant fund.

According to various reports, the funding was intended to launch a public campaign and implement culturally sensitive medical interventions to achieve traditional circumcision. Among the luxury home’s features are three bedrooms, two bathrooms, a rooftop entertainment area, a maid, and three bedrooms.

According to the SABC, the stunning mansion failed to attract a buyer on Thursday. It is reported that the property is worth around R5 million, but none of the 28 registered bidders offered more than the starting bid of R3 million on Thursday.

The spokesperson for the Special Investigating Unit, Kaizer Kganyago said, “There were no takers unfortunately, there were people who registered, about 28- people, but none of them put an offer on it, which is a very strange thing. The house is still available. What’s going to happen now, they will find other ways of dealing with the sale. All that we want is the money back, so that we can take that money back to the lottery, so that it is used for what it was intended for.”

The mistake I made today was going back to Terry Pheto’s old tweets. Now I can’t unsee all the Lotto talk. Whether it happened coincidentally that the same lottery pulled a number on her or not, I just open my mouth and say ‘WOW’.
Bophelo… pic.twitter.com/rnmd50sSGq

— #MassCountry 😍👌 (@BlaqChicDelight) March 3, 2023

In 2022, Terry issued a statement refuting the alleged fraud and corruption allegations leveled against her. Her statement came after the Special Investigating Unit (SIU) seized a number of assets, and businesses including luxury cars ending the investigations.

“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.

I’d love to see what’s happening to Terry Pheto also happen to corrupt politicians and government officials.

The detail, the swiftness, the embarrassment, I want it for the cadres. 😌

— XOLI (@Mbhele_Xoli) March 2, 2023

“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.

Terry Pheto is getting what she deserves but I’m confused. Why are government officials not being hounded like this?

— Fr_eezy (@Fr_eezy) March 2, 2023

Tweeps have reacted to Terry’s house being actioned.

i can’t believe we all tuned into that one episode to watch terry pheto on the bold and yena she was busy swindling money meant for the poor. wow.

— Hotboy (@hotboympumz) March 2, 2023