Lotteries Board CEO ‘quits’

2012-01-20 11:16

The National Lotteries Board (NLB) has declined to confirm reports that CEO Vevek Ram has resigned.

Spokesperson Sershan Naidoo said the board would issue a statement on the matter “shortly”.
Earlier, the Democratic Alliance said Ram’s letter of resignation was received and accepted by the NLB this morning.

DA spokesperson Jacques Smalle said: “This is a step in the right direction.

“In the last year especially, the NLB has begun operating increasingly like an ANC slush fund even as deserving charities and NGOs struggled to access funding.”

Smalle said the distribution agencies and NLB had been stacked with ANC cadres for some time. Many of them needed to be replaced with individuals who had the relevant expertise.

“Before a fundamental transformation can take place, the current management will have to be replaced. A forensic audit into all grants allocated in the last three years is also a vital requirement.”

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.