LOTTERIES SOUTH AFRICA South African lottery corruption uncovered 7 months ago Szarlot Post Views: 481 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 LOTTERIES SOUTH AFRICA Ithuba Celebrates 8 Years Of Gaming Excellence 2 days ago Szarlot EXPERTS HOT NEWS SOUTH AFRICA SA has made over R34 billion in Gross Gambling Revenue (GGR) 2 days ago Szarlot CASINO SOUTH AFRICA 240 gambling machines DESTROYED! 3 days ago Szarlot CASINO SOUTH AFRICA Ways to Have the Best Jackpot when You’re Playing the Best Casino Game 6 days ago Samuel EXPERTS SOUTH AFRICA Animal Welfare Organisations Celebrate Resumption of Lottery Funding 1 week ago Szarlot ONLINE SOUTH AFRICA Overview of online casino regulations in African governments 1 week ago Szarlot HOT NEWS ONLINE SOUTH AFRICA MultiChoice betting big on gambling and new payment platform in South Africa 1 week ago Szarlot CASINO SOUTH AFRICA Biggest casino operator Tsogo Sun ups stake in hotel chain 2 weeks ago Szarlot EXPERTS SOUTH AFRICA Johannesburg Police Shutdown Illegal Online Gambling Shop in Randburg 2 weeks ago Szarlot CASINO SOUTH AFRICA Effective Tips in Playing Slot Machines 2 weeks ago Szarlot ONLINE SOUTH AFRICA Are Crypto Casinos a thing in South Africa? 3 weeks ago Szarlot LOTTERIES NIGERIA Sports betting outfit moves to secure winners’ claims 3 weeks ago Samuel 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.