Terry Pheto's lotteries fraud funded multimillion rand Bryanston home went under the hammer on Thursday, but no bids over R3m were received.
The Bryanston property is reported to be worth around R5 million. 🙃🙃🙃— Terry Pheto (@TerryPheto) [Tsotsi star Terry Pheto’s lavish Bryanston home bought with lotto funds, fails to attract offers over R3m at auction](/news/crime-and-courts/tsotsi-star-terry-phetos-lavish-bryanston-home-bought-with-lotto-funds-fails-to-attract-offers-over-r3m-at-auction-6d463693-14b0-4b03-a608-fa5a65df868a) [Bryanston home of Terry Pheto allegedly gained from NLC funding to be auctioned today](/the-star/news/bryanston-home-of-terry-pheto-allegedly-gained-from-nlc-funding-to-be-auctioned-today-8ec3baa2-783d-4b6b-97bb-ed9573a462c1) [Tsotsi star Terry Pheto’s lavish home built with lotto funds goes under the hammer](/news/crime-and-courts/tsotsi-star-terry-phetos-lavish-home-built-with-lotto-funds-goes-under-the-hammer-9401eab0-461a-4bd3-81ec-31e9108bd8f7) [EXPLAINED: SIU reveals preservation order timeline into lotteries probe involving Terry Pheto](/news/crime-and-courts/explained-siu-reveals-preservation-order-timeline-into-lotteries-probe-involving-terry-pheto-7f4b107d-f268-472e-b26c-29a7ec8b30ae) [SIU says it informed ‘dismayed’ Terry Pheto two months ago about probe into her luxury house purchase](/news/crime-and-courts/siu-says-it-informed-dismayed-terry-pheto-two-months-ago-about-probe-into-her-luxury-house-purchase-72977a53-39d4-4003-a3e8-c1429b4f889a)
Moitheri Pheto's Bryanston home, which was allegedly built with money from the National Lottery, is set to go up on auction. The first day yielded no bids.
The construction company instructed the law firm to prepare the contract for the building, which has a value of R3 750 000, and the contract for the sale of the land, which has a value of R1 250 000. On May 31, 2017, Zibsimode transferred R3 million of the grant funding received from the NLC to a law firm. Since the property was purchased with cash, no mortgage was recorded on it. The actress approached the construction company with a request to purchase a property. She has distanced herself from reports that she may have been involved in the theft of NLC grant funds. Zibsmode is a company that was registered in 2015 but is currently inactive.
The Bryanston home of Terry Pheto, built with money from the National Lottery, was expected to sell for more than R4-million.
The SIU investigations found that the money used to purchase the land and construct the home came from a non-profit organisation that received NLC funding meant for the roll-out of a public campaign of culturally sensitive medical intervention projects aimed at achieving traditional circumcision practice. “We will market the property to the 28 interested people first.” He also told GroundUp that they hope to have an offer within the next two weeks. The auctioneers had hoped to sell the house for over R4-million. The 502 square metre property in upmarket Bryanston in Johannesburg has three bedrooms, two bathrooms, a kitchen, an open-plan dining room with a family room, lounge, a large rooftop garden with an entertainment area, a double garage, and a maid’s quarters. It is also close to Johannesburg’s green belt. Register for free or log in to read this article.
Terry Pheto has been implicated in SIU probe into Lotto funding and her Bryanston home is on auction however there were no bidders.
[The SIU explains Terry Pheto’s implication in lotto fraud allegations](https://www.citizen.co.za/news/south-africa/siu-terry-phetos-fraud-allegations/) [Kganyago said](https://www.citizen.co.za/entertainment/celebrity-news/lerato-kganyago-and-husband-not-divorcing/) she too is a fan of the space. [The actress](https://www.instagram.com/terrypheto/) has notably appeared in Bold and the Beautiful, the Oscar-winning film Tsotsi and Mandela: Long Walk to Freedom alongside [Idris Alba](https://www.instagram.com/idriselba/). [The TV and radio presenter](https://www.citizen.co.za/entertainment/celebrity-news/anele-mdoda-father-builds-a-school/) said in the midst of the actress’s drama, she admires the Bryanston house. [Terry Pheto’s luxury home auctioned after SIU investigations into Lotto funding](https://www.citizen.co.za/entertainment/celebrity-news/terry-phetos-luxury-home-auctioned-after-siu-investigations-into-lotto-funding/) [up for auction](https://www.citizen.co.za/entertainment/celebrity-news/terry-phetos-luxury-home-auctioned-after-siu-investigations-into-lotto-funding/) after a preservation order was granted [by the Gauteng High Court](https://www.citizen.co.za/news/south-africa/courts/court-grants-siu-preservation-order-to-freeze-luxury-properties-cars-worth-r25-million/), in Pretoria, to the Asset Forfeiture Unit (AFU) and the Special Investigating Unit (SIU) on 4 November 2022, to freeze Pheto’s home.
The SIU announced on Thursday morning that the auction follows a preservation order granted by the Pretoria High Court to the Asset Forfeiture Unit (AFU) ...
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 deny any involvement in the alleged scheme that has been reported on. "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.
Internationally acclaimed actress Terry Pheto has given up her fight against the Special Investigating Unit, and her luxury house went under the hammer.
"The SIU investigations have found that the money used for the purchase of the land and construction of the home came from nonprofit organisations that had received NLC funding. After the preservation order was granted, Pheto’s legal representatives contacted the SIU and the AFU, indicating that they would not contest the preservation order granted by the high court," the unit said. In line with the SIU Act, the SIU is mandated to recover any financial losses suffered by the State or the NLC.— Special Investigating Unit (SIU) (@RSASIU)
The Bryanston, Johannesburg, house of actress Moitheri Pheto, which was allegedly built with funds siphoned from the National Lottery Commission (NLC), ...
The money was meant to fund a drug rehabilitation centre in Tshwane. The SIU said in its statement: “After the preservation order was granted, Pheto’s legal representatives contacted the SIU and the AFU indicating that they will not contest the preservation order granted by the high court. The SIU further revealed that Pheto, Lesley Ramulifho, Collin Tshisimba, Promise Kharivhe, Mashundu Shanduka, Charlotte Mampane, Jim Skosana, Botshelo Moloto and Rebotile Malomane allegedly bought the seized properties with monies obtained from the NLC under the auspices of grant funding.
The three-bedroom house was built with money siphoned from the National Lottery Commission. Bidding will start at R3 million.
The auctioneers said it is valued between R4 and R6 million. The Unit alleges the house was built with money siphoned from the National Lottery Commission (NLC). The SIU said the auctioning of Pheto’s home is the continuation of the implementation of the investigation’s outcomes and its mission to recover assets and financial losses suffered by the State. Terry Pheto’s Bryanston home is up for auction. [‘Real-life tsotsi’: SA reacts to Terry Pheto alleged fraud scandal](https://www.thesouthafrican.com/lifestyle/celeb-news/terry-pheto-national-lotteries-commission-fraud-scandal-assets-latest-news-5-november-2022/) [Special Investigating Unit](https://www.siu.org.za/) (SIU) said the home of actress Terry Pheto would be auctioned on Thursday, 2 March.
The luxury house of internationally acclaimed actress Terry Pheto — which was built with funds linked to siphoning of the National Lottery Commission (NLC) ...
The money was meant to fund a drug rehabilitation centre in Tshwane. The SIU said in its statement: “After the preservation order was granted, Pheto’s legal representatives contacted the SIU and the AFU indicating that they will not contest the preservation order granted by the high court. The SIU further revealed that Pheto, Lesley Ramulifho, Collin Tshisimba, Promise Kharivhe, Mashundu Shanduka, Charlotte Mampane, Jim Skosana, Botshelo Moloto and Rebotile Malomane allegedly bought the seized properties with monies obtained from the NLC under the auspices of grant funding.
JOHANNESBURG - The Johannesburg home of award-winning actress Terry Pheto is being auctioned. It follows a preservation order granted to the Asset ...
The Bryanston house of actress Terry Pheto, which was allegedly built with funds siphoned from the National Lotteries Commission (NLC), will be auctioned on ...
Their combined value is about R25m linked to Pheto and others. 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. The Tsotsi movie star was linked to a property fraud matter in November where the Special Investigating Unit (SIU) obtained a high-court preservation order to freeze nine luxury properties in Gauteng, a BMW 420i and two Ocean Basket franchises on the East Rand.
The Special Investigating Unit (SIU) says the Bryanston house of Tsotsi movie star Moitheri Pheto which was built with funds linked to siphoning of the ...
“The auction follows a preservation order granted by the High Court of South Africa, Gauteng Division, Pretoria, to the Asset Forfeiture Unit (AFU) and the Special Investigating Unit (SIU) on 4 November 2022 to freeze Pheto’s Bryanston home,” says the SIU. After the preservation order was granted, Pheto’s legal representatives contacted the SIU and the AFU indicating that they will not contest the preservation order granted by the High Court. The Special Investigating Unit obtained a High Court preservation order to freeze nine luxury properties in Gauteng and two Ocean Basket franchises.
Terry's home was allegedly "built with funds linked to siphoning of the National Lottery Commission (NLC) grant funding".
Terry has been keeping a low profile on social media since her name was mentioned in the SIU probe. Nine luxury properties in Pretoria, Centurion, Hartbeespoort, and Johannesburg were placed under preservation as part of the SIU's investigation. Follow the link below for details of the auction:— Special Investigating Unit (SIU) (@RSASIU) The auction follows a preservation order granted by the High Court of South Africa, Gauteng Division, Pretoria, to the Asset Forfeiture Unit (AFU) and the Special Investigating Unit (SIU) on 4 November 2022 to freeze Pheto’s Bryanston home.— Special Investigating Unit (SIU) (@RSASIU) After the preservation order was granted, Pheto’s legal representatives contacted the SIU and the AFU indicating that they will not contest the preservation order granted by the High Court.— Special Investigating Unit (SIU) (@RSASIU) "The auction follows a preservation order granted by the High Court of South Africa, Gauteng Division, Pretoria, to the Asset Forfeiture Unit (AFU) and the Special Investigating Unit (SIU) on 4 November 2022 to freeze Pheto’s Bryanston home," the SIU said.
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.
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. “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.” I deny any involvement in the alleged scheme that has been reported on.
The house of Tsotsi star Moitheri (Terry) Pheto has gone under the hammer following the outcome of a damning Special Investigating Unit probe.
ALSO READ:
Actress Terry Pheto has been implicated in a Special Investigating Unit probe into fraudulent activities at the National Lotteries Commission. File photo. Image ...
“On 18 May 2017, Zibsimode NPC applied for grant funding for the rollout of a public campaign and culturally sensitive medical intervention projects aimed at achieving traditional circumcision practice. The NLC paid R16.2m into an account which previously had a credit of only R500. The money that funded the property was meant for the rollout of a public campaign on safe circumcision.
"It felt like a dentist pulling teeth," Asset Auctions director and auctioneer Graham Renfrew said of the auction house's attempt to sell Tsotsi star Terry ...
The SIU investigation found that the money used to buy the land in Bryanston and to construct the house, had allegedly come from non-profit organisations that received NLC funding meant for the rollout of a public campaign around circumcision. It said funds "linked to siphoning from the National Lotteries' Commission (NLC) grant funding" were used to buy land in Bryanston and construct the property on it. - The Special Investigating Unit said the money used to buy the land and construct the property came from non-profit organisations that received National Lotteries Commission grant funding.
There was no successful offer made at the auction of the lavish Joburg house of award-winning actress Terry Pheto after the SIU placed it under the hammer ...
[Bryanston home of Terry Pheto allegedly gained from NLC funding to be auctioned today](/the-star/news/bryanston-home-of-terry-pheto-allegedly-gained-from-nlc-funding-to-be-auctioned-today-8ec3baa2-783d-4b6b-97bb-ed9573a462c1) [Tsotsi star Terry Pheto’s lavish home built with lotto funds goes under the hammer](/news/crime-and-courts/tsotsi-star-terry-phetos-lavish-home-built-with-lotto-funds-goes-under-the-hammer-9401eab0-461a-4bd3-81ec-31e9108bd8f7) [EXPLAINED: SIU reveals preservation order timeline into lotteries probe involving Terry Pheto](/news/crime-and-courts/explained-siu-reveals-preservation-order-timeline-into-lotteries-probe-involving-terry-pheto-7f4b107d-f268-472e-b26c-29a7ec8b30ae) [SIU says it informed ‘dismayed’ Terry Pheto two months ago about probe into her luxury house purchase](/news/crime-and-courts/siu-says-it-informed-dismayed-terry-pheto-two-months-ago-about-probe-into-her-luxury-house-purchase-72977a53-39d4-4003-a3e8-c1429b4f889a) [funds](https://www.iol.co.za/news/crime-and-courts/explained-siu-reveals-preservation-order-timeline-into-lotteries-probe-involving-terry-pheto-7f4b107d-f268-472e-b26c-29a7ec8b30ae) 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. [auction ](https://www.iol.co.za/news/crime-and-courts/tsotsi-star-terry-phetos-lavish-home-built-with-lotto-funds-goes-under-the-hammer-9401eab0-461a-4bd3-81ec-31e9108bd8f7)of the lavish Joburg house of award-winning actress Terry Pheto after the Special Investigating Unit (SIU) placed it under the hammer to recoup funds obtained fraudulently.
The Special Investigating Unit (SIU) says they will look into other ways to sell Tsotsi actress Terry Pheto's Bryanston house in Johannesburg after it ...
What’s going to happen now, they will find other ways of dealing with the sale. The house was allegedly built with funds linked to siphoning of the National Lottery Commission grant funding. The house is still available.
Terry Pheto's Bryanston property was expected to sell for more than R4-million but did not get an offer.
The SIU investigations found that the money used for the purchase of the land and construction of the home came from non-profit organisation that received NLC funding meant for the roll-out of a public campaign of culturally sensitive medical intervention projects aimed at achieving traditional circumcision practice. He also told GroundUp that they hope to have an offer within the next two weeks. The auctioneers had hoped to sell the house for over R4-million. The 502 square metre property in upmarket Bryanston in Johannesburg has three bedrooms, two bathrooms, a kitchen, an open-plan dining room with a family room, lounge, a large rooftop garden with an entertainment area, a double garage, and a maid's quarters. - But the property worth more than R4-million failed to sell. "We will market the property to the 28 interested people first."
As 28 bidders are expected to make offers for award-winning actor Terry Pheto's luxury house in Bryanston, Joburg, people who run drug rehabilitation ...