EFF slams Treasury for ‘unlawful’ R300m lotteries transfer

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EFF slams Treasury for ‘unlawful’ R300m lotteries transfer
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The Lottery Commission reportedly transferred R300 million to Treasury despite this being unlawful and it rejecting funding for charities.

The EFF have accused treasury of becoming a law unto itself under Finance Minister Enoch Godongwana. Picture: Gallo Images/Brenton Geach

“This instruction, which resulted in R300 million being transferred from the NLC to Treasury, amounts to a violation of the Public Finance Management Act and the Lotteries Act which legislates how the institutions funds ought to be utilised,” “Additional to this, Section 25 of the Lotteries Act is explicit that any surpluses must be carried forward from year to year, to be used in line with the purposes prescribed in the Act.”Mathys said it was “alarming” that the commission had any surpluses despite rejecting so many funding applications.

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