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RAF CEO suspended over corruption and misconduct claims

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By Akani Nkuna

Road Accident Fund CEO Collins Letsoalo has been placed on temporary paid suspension following his alleged involvement in a controversial R79 million office lease deal.

The suspension follows findings by the Special Investigating Unit which link him to possible misconduct.

The move comes as part of broader efforts to ensure transparency and accountability within RAF while investigations into the matter continue.

Letsoalo was informed of his suspension on Wednesday morning during his appearance before the Standing Committee on Public Accounts. This follows a preliminary report by the SIU, which found that Letsoalo allegedly interfered in a procurement process by overturning a bid committee’s decision to award a lease to Mowana Properties, a losing bidder linked to the Government Employees Pension Fund.

Furthermore, the SIU report also flags broader concerns, including irregularities in other RAF contracts. These include the unlawful extension of a R19 million cleaning and security

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