No offers yet for Terry Pheto's house: SIU - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The Special Investigating Unit (SIU) says it has not yet received any offers for the actress TerryPheto’s luxury house in Johannesburg. Lotto

Image: ReutersThe Special Investigating Unit says it has not yet received any offers for the actress Terry Pheto’s luxury house in Johannesburg.It is reported to be worth about R5-million.It was reduced to R2.5-million and there were still no offers.

Pheto is accused of diverting funds looted from the troubled National Lottery Commission to get the house.“There were no takers. We had about 28 people who registered but none of them put a solid bid and therefore the house was not sold. What will then happen is that we will get a report from the auctioneers who are helping with this and therefore we will decide. Maybe it will go into an open market without going through an auction.

“But at the end, all that we want is to get that money back, so that it can be taken back for the courses it was supposed to be used for. Obviously she would know what happened. Because how else would she explain that to the lawyers to say, there’s money coming if she did not know where the money was coming from?”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why they don't sell it to mbalula

Umgulukudu omkhulu

Is she going to jail...or ever to court?

I hope and the others will be treated like her

I have R500 thats my final offer

Lol, she will eventually buy it again at a lesser price

Please inform RSASIU I am offering R2000 and that is the highest I can go

Use it as a shelter

Will you accept R10?

That house is so ugly.

United States United States Latest News, United States United States Headlines