Today's Labour News

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nsfasThe Star reports that a National Student Financial Aid Scheme (NSFAS) administrator has been accused of meddling with an employees’ pension fund in a bid to get rid of black managers.  

He has also been accused of nepotism and racism, which has rocked the NFSAS.  Randall Carolissen is alleged to have redirected R8-million for use to hire new staff and conduct forensic investigations.  An insider has detailed how suspensions were being used to carry out “a purge of black excellence”.  “Some of the employees have been suspended for three months now, while others have returned.  A few workers have been given an extended precautionary suspension.  A couple more are still suspended pending the finalisation of their disciplinary cases,” the worker claimed.  “What is interesting is that they are getting rid of black workers through suspensions and by introducing more coloured and Indian advisers who have a relationship of some sort with Carolissen,” said the worker.  Carolissen indicated that the entity currently had two female executives who were black and coloured and therefore met with the equity guidelines.  He added:  "The scheme has already advertised the position of chief executive and will soon advertise the rest of the executive positions.”  Carolissen denied that money from the pension fund would be used for filling of vacancies and for forensic investigations.  “A forensic investigation by its very nature is confidential and NSFAS will not divulge any information pertaining to it,” he stated.

  • Read the full original of the report in the above regard by Lehlohonolo Mashigo at The Star

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