In un­claimed prizes

CityPress - - Business -

of li­cence con­di­tions to re­lieve fi­nan­cial bur­dens on Gi­dani, said Nevhutanda, ex­plain­ing why Gi­dani should not be awarded the li­cence.

Nevhutanda said they were also forced to amend Gi­dani’s li­cence to avoid the op­er­a­tor in­cur­ring R75 mil­lion in an­nual penal­ties as a re­sult of Gi­dani fail­ing to meet the ter­mi­nal roll-out tar­get.

The com­mis­sion also had to force Gi­dani to lay crim­i­nal charges against an em­ployee from In­tralot, Gi­dani’s busi­ness and tech­ni­cal part­ner, which had fraud­u­lently printed win­ning lot­tery tick­ets and claimed the prizes.

The com­mis­sion said it only be­came aware of Gi­dani’s agree­ment with In­tralot af­ter the fraud and dis­cov­ered that the agree­ment, which in ef­fect handed lot­tery op­er­a­tions to In­tralot, did not form part of Gi­dani’s bid.

De­spite Gi­dani be­ing fined R15 mil­lion re­lated to the fraud case, the board de­cided to sus­pend the fine to re­lieve Gi­dani’s fi­nan­cial strain.

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