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EWN reports that the Unemployment Insurance Fund (UIF) on Wednesday said that the Special Investigating Unit (SIU) was still looking into the issues that led to the suspension of the entity’s top executives in September.
UIF commissioner Teboho Maruping was suspended, along with the fund’s CFO, COO, and head of supply chain management, after the Auditor-General (AG) flagged a number of issues during his audit of the multi-billion rand Covid-19 Temporary Employer/Employee Relief Scheme (Ters). According to UIF spokesperson Makhosini Buthelezi, the SIU could release its report on its investigation at the Department of Employment and Labour later this month. The executives are being probed after the AG’s report showed that there were numerous gaps, risks, and inadequate controls as well as verification processes for the Ters scheme, which was set up to cushion workers and businesses from the effects of the Covid-19 pandemic. In the meantime, the suspended executives have not been charged with any discrepancies.
- Read the full original of the report in the above regard by Theto Mahlakoana at EWN
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