The Special Investigating Unit says it’s preparing a detailed report that shows how more than R300 million was stolen and or misappropriated from the National Lotteries Commission.

The report will be handed over to President Cyril Ramaphosa, but individual cases will also be dealt with by the National Prosecuting Authority for further action.

The SIU told Parliament on 02 March that it has sent the names of Lottery Board Members implicated in the looting of funds, for prosecution.

They are investigating 50 separate cases from as far back as ten years ago – with only 12 of the 50 cases finalized so far – the total of funds stolen from the National Lotteries Fund could rise sharply.

Monies were allegedly funneled to board members via beneficiaries and even attorneys. It’s reported that some Lottery Board members bought houses, paid for school fees and even used the money to maintain a farm.

In a statement the Democratic Alliance said: “The DA has been reliably informed that the allegations levelled against the NLC leadership includes acts committed by individuals including former board chairperson, Alfred Nevuthanda, former board member William Huma and, suspended COO, Philemon Letwaba.”

“A large portion of the allegedly misappropriated funds were intended for drug rehabilitation centres, old age homes, women and youth empowerment. They were allegedly spent on luxury cars and houses instead,” the statement added.