PHUTI MOSOMANE
THE Special Investigating Unit (SIU) has uncovered evidence suggesting that over R5 billion of the National Student Financial Aid Scheme (NSFAS) funds may have been disbursed to students who were not eligible for financial assistance.
During a recent briefing to the Parliament’s Standing Committee on Public Accounts (SCOPA), SIU head Andy Mothibi provided details on how this money had been used to illegally fund students who did not meet the criteria for financial aid.
Preliminary investigations have revealed that approximately 40,000 students across 76 institutions of higher education were awarded financial assistance from the National Student Financial Aid Scheme (NSFAS), despite having a household income that exceeded the maximum threshold of R350,000.
The SIU has the authority to initiate legal action in the High Court or a Special Tribunal, on its behalf, to remedy any wrongdoing uncovered during its investigations involving corruption, fraud, or maladministration.
In accordance with
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