https://www.engineeringnews.co.za

NSFAS board axes CEO amid payment scandals, major irregularities

24th October 2023

By: News24Wire

  

Font size: - +

National Student Financial Aid Scheme (NSFAS) CEO Andile Nongogo has been fired amid a R47-billion payments scandal.

On Tuesday, NSFAS officials told the Standing Committee on Public Accounts (Scopa) that Nongogo has been axed. 

NSFAS board chairperson Ernest Khoza told Scopa that the decision was taken late on Monday night.

"Just last night, the board took a decision to fire the CEO of NSFAS," Khoza said.

NSFAS revealed last week that a probe by law firm Werkmans Attorneys and advocate Tembeka Ngcukaitobi found that the suspended Nongogo, among a slew of "irregularities", had handpicked four firms to pay around 1.1-million students their R1 650 monthly allowances directly and not through tertiary institutions, which had been the previous payment method.  

Four companies responsible for directly paying NSFAS beneficiaries were named in an investigative report.

One of the implicated firms threatened legal action should it be removed from the lucrative contract.

Tenet Technologies, implicated in a brazen conflict of interest in the R47-billion NSFAS direct payment scandal, vowed to sue the state fund should it cancel its "irregular" contract.

The company threatening legal action is embroiled in a court case involving a multimillion-dollar debt.

Edited by News24Wire

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Columbus Stainless
Columbus Stainless

Columbus Stainless, based in Middelburg, Mpumalanga, is Africa’s only producer of stainless steel flat products. In addition, Columbus is the only...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.052 0.366s - 147pq - 2rq
Subscribe Now