SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000
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Home›Corruption Tracker›Mshandukani Foundation NLC Rio Roadshow Preservation — R24.9M
Gauteng · SA Corruption Asset Tracker

Mshandukani Foundation NLC Rio Roadshow Preservation — R24.9M

Assets FrozenR25 million⚠ Medium confidence

Mshandukani Foundation NLC Rio Roadshow Preservation — R24.9M involves R25 million in assets frozen by court order in Gauteng, according to official records. It represents a substantial sum of public money. The matter relates to the National Lotteries Commission. 3 individuals have been formally implicated through official proceedings, including Mashudu Shandukani, Phillemon Letwaba, T S Maseiwa. This case is recorded at medium confidence — verify the details against the original official SIU source before relying on them.

Case details

The SIU obtained a preservation order in the NLC's 2016 Rio Olympics roadshow funding matter. The order froze two Centurion properties and a Powerstar vehicle after R24.98 million in lottery funding was allegedly diverted through Mshandukani-linked entities and individuals.

AssetsCenturion office park (AO Residence Trust); Centurion complex house; Beifangbenchi Powerstar vehicle
Department / entityNational Lotteries Commission
Estimated valueR25 million
StatusAssets Frozen
Court orderSpecial Tribunal preservation order, 10 April 2025
Date reported10 April 2025
LocationCenturion office park and residential complex, Gauteng

Implicated (3)

Mashudu ShandukaniPhillemon LetwabaT S Maseiwa

Source — SIU

Reported 10 April 2025

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Sourced exclusively from official public records (SIU, AFU, NPA, Hawks, Zondo Commission). This tracker does not make independent allegations; individuals listed have been formally implicated through legal proceedings or official investigations. Updated manually — may not reflect the latest case developments.