LOTTERIES SOUTH AFRICA South African lottery corruption uncovered 4 weeks ago Szarlot Post Views: 208 The extent of corruption uncovered within South Africa’s National Lotteries Commission is “worse than imagined”, said the organisation’s chairman, Professor Barney Pityana, in a radio interview. The NLC is designed to channel funds to charities and other worthy causes, but the recent discovery of corruption has shocked the organisation itself and the country’s regulators. Professor Pityana said the commission is now working with the banking sector to weed out the corruption, an ongoing task taken up by the Special Investigating Unit. The investigators found that theft and money laundering in the organisation amounts to R1.4bn (US$77.1m). He said that having now worked on the investigation for two months, “The situation was “worse than I can imagine. We are working on that and we are now working with the banks to see what is happening with the accounts that might be linked with suspicious activities. It is believed that some organisations, as beneficiaries, received funding and Pityana added that the accounts were cleaned out and channelled to two unnamed people within NLC.” The NLC commission Charlotte Thabang Mampane resigned in August “with a cloud of corruption hanging over her head.” Gaming for Africa added: “The National Lotteries Commission says it is now investigating, with the help of the banks, a number of instances of fraud and theft of money going missing after being allocated to various infrastructure projects. The commission also says it allocated nearly R65m ($3.5m) to complete several multi-million rand infrastructure projects but they have been left unfinished.” Source: intergameonline.com About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: corruption, Lottery, NLC, South Africa Continue Reading Previous Betway assures gamblers of payouts despite technical glitchNext N2m won from EasyWin Ghana Lotto Games More Stories EXPERTS SOUTH AFRICA South Africa starts regulating cryptocurrency exchanges 4 days ago Samuel LOTTERIES SOUTH AFRICA Final call for R7.5m Powerball jackpot winner 4 days ago Szarlot ONLINE SOUTH AFRICA Bitville Gaming South Africa Expands Its Product Bouquet through TVBET 4 days ago Iwo Bulski BETTING SOUTH AFRICA Pragmatic Play Expands South African Footprint with World Sports Betting 5 days ago Samuel LOTTERIES SOUTH AFRICA Best Lucky Numbers Games in South Africa 5 days ago Iwo Bulski HISTORY SOUTH AFRICA Blackjack: Its history and how it became popular 6 days ago Szarlot KENYA LOTTERIES How much do people spend on lottery tickets over a lifetime 7 days ago Samuel LOTTERIES SOUTH AFRICA Someone bags R74m Lotto jackpot via a banking app 7 days ago Samuel EXPERTS SOUTH AFRICA Suspect arrested for robbery and impersonating Gambling Board official 1 week ago Samuel ONLINE SOUTH AFRICA How to watch eSports from anywhere 1 week ago Szarlot BETTING SOUTH AFRICA Hollywoodbets Announces Bafana Bafana Legend Teko Modise as a Brand Ambassador 2 weeks ago Samuel BETTING SOUTH AFRICA Pragmatic Play Expands South African Footprint with World Sports Betting 2 weeks ago Szarlot Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.