This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
The Citizen reports that four Department of Justice and Correctional Services employees face suspensions after millions of rand were stolen from the Guardian’s Fund.
According to a news report, around R18 million was stolen through a cyber-attack two months ago. Insiders say an investigation identified the alleged thieves who syphoned money from the fund. “A probe was launched after the hacking incident was found a few weeks ago. Investigators discovered fraudulent transactions. Their (the officials’) suspension is looming,” said a source. The Guardian’s Fund administers monies for beneficiaries who cannot manage their finances such as minors, unborn heirs, and missing or absent persons. The Master of the High Court manages the fund at six master’s offices in Cape Town, Pretoria, Bloemfontein, Kimberley, Pietermaritzburg and Grahamstown. The money in the Guardian’s Fund is invested in the Public Investment Corporation (PIC) and is audited annually. It was reported last week that payments were stopped following the theft in April, leaving beneficiaries stranded. Justice Minister Ronald Lamola’s spokesperson Chrispin Phiri confirmed that an investigation pointed to four employees. “The department wasn’t hacked; it was fraud. A case was opened, and the police investigation continues,” he said.
- Read the full original of the report in the above regard by Getrude Makhafola at The Citizen
Get other news reports at the SA Labour News home page