The Special Investigating Unit says it has recovered R33.4m from Northlink College in the Western Cape as part of its National Student Financial Aid Scheme investigations.
The Special Investigating Unit says it has recovered R33.4m from a TVET college since it started investigating maladministration at NSFAS. Stock photo.The Special Investigating Unit says it has recovered R33.4m from Northlink College in the Western Cape as part of its National Student Financial Aid Scheme investigations.signed by President Cyril Ramaphosa in August to investigate alleged corruption and maladministration at the NSFAS.
Northlink College is a technical and vocational education and training college that receives NSFAS funding for students who need financial aid to further their studies. After the announcement of the proclamation, the college informed the SIU it received more than R33m from the NSFAS that was not allocated to students between 2017 and 2021 and had invested it without authorisation.
“The TVET college told the SIU it is fully aware the funds should have been returned to the NSFAS, but Northlink College failed to do so and instead decided to invest the funds. It said it would return the funds on request from the NSFAS,” the SIU said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Groote Schuur Hospital | WC health department to probe Dudula allegationsThe Western Cape health department says it's investigating allegations by Operation Dudula.
Read more »
Cape Town Craft Club's special toy drive for disadvantaged childrenFor two years Cape Town’s kind crafting community has made sure that each child at a designated youth care centre receives a handcrafted toy of their favourite animal for Christmas.
Read more »
Razor: England job is 'pretty special'Crusaders head coach Scott Robertson has continued applying pressure on New Zealand Rugby by expressing interest in taking on the England job.
Read more »
Robbers target churchgoers | Boksburg AdvertiserPolice are also investigating the death of a 49-year-old man whose body was found seated on a chair after he had suffered three gunshot wounds.
Read more »
Takealot sold 5,000 air fryers on Black Friday last year — here are its plans for 2022Takealot said it sold enough air fryers during its Blue Dot Sale in 2021 to provide each home in Ermelo with its own unit.
Read more »
Newsdeck: ‘Wakanda Forever’ Tops Weekend Box Office in $180 Million Debut(Bloomberg) -- Black Panther: Wakanda Forever, the latest superhero picture from Walt Disney Co.’s Marvel unit, topped the weekend box office in the US and Canada with $180 million in ticket sales.
Read more »