By Zuko Komisa
A preservation order has been obtained by the Special Investigating Unit (SIU) against Philemon Letwaba’s R2.8 million pension payment as a former chief operating officer of the National Lotteries Commission (NLC).
The corruption-busting team launched an investigation into claims of corruption and bad management at the NLC as well as official behaviour at the time.
The investigation has so far shown that Letwaba reportedly “personally benefited” from NLC funds intended for at least six nonprofit organizations, according to SIU spokesperson Kaizer Kganyago.
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The Special Tribunal order, dated 16 September 2022, interdicts the Liberty Group — the pension administrator — from paying out pension benefits to the value of approximately R2.8 million due to Mr. Letwaba, pending the final determination of an application to be brought by…
— Special Investigating Unit (SIU) (@RSASIU) September 21, 2022
The previous NLC board chairperson Prof. Alfred Nevhutanda’s investment firm, Vhuthanda Investment, was the owner of an R27 million luxury property, which the SIU was able to freeze in June of this year.
Nevhutanda allegedly used grant money from an NPO to purchase the property.
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