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
O
Odyssey Tools
Earn Airtime →
Home›Corruption Tracker›Sibonelo Vilakazi NLC Bank Account Freeze — R2.4M
KwaZulu-Natal · SA Corruption Asset Tracker

Sibonelo Vilakazi NLC Bank Account Freeze — R2.4M

Assets FrozenR2.4 millionHigh confidence

Sibonelo Vilakazi NLC Bank Account Freeze — R2.4M involves R2.4 million in assets frozen by court order in KwaZulu-Natal, according to official records. The matter relates to the National Lotteries Commission. 2 individuals have been formally implicated through official proceedings, including Sibonelo Vilakazi, Nosipho Zanele Zuma.

Case details

The SIU obtained a preservation order freezing about R2.4 million in four bank accounts linked to suspended NLC official Sibonelo Vilakazi, his wife Nosipho Zanele Zuma and her company ZZET Enterprises. Grant-funded football clubs and daycare centres transferred money into these accounts after NLC disbursements; FIC traced more than R32.2 million flowing to ZZET.

AssetsFour frozen bank accounts linked to Vilakazi, Nosipho Zuma and ZZET Enterprises
Department / entityNational Lotteries Commission
Estimated valueR2.4 million
StatusAssets Frozen
Court orderSpecial Tribunal order, 13 September 2023
Date reported14 September 2023
LocationDurban — NLC grant kickback bank accounts, KwaZulu-Natal

Implicated (2)

Sibonelo VilakaziNosipho Zanele Zuma

Source — SIU

Reported 14 September 2023

View official source →
📱 Share this case

Related cases

National Lotteries Commission FraudR67 millionNLC Midstream Luxury Property PreservationR5 millionNLC Copperleaf Estate Proceeds PreservationR2.6 million
View the full Corruption Asset Tracker →

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.