UIF: 115 Ters fraud cases still under investigation

United States News News

UIF: 115 Ters fraud cases still under investigation
United States Latest News,United States Headlines
  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 77%

[PODCAST] ‘This is us sending a message to all and sundry who might want to defraud any state institution.... that the law of this country will catch up with you,’ - UIFBenefits Commissioner TebohoMaruping on MoneywebAtMidday with maggsonmedia.

JEREMY MAGGS: A very warm welcome. The Unemployment Insurance Fund [UIF] has welcomed the latest convictions of two people accused of swindling the fund’s Covid-19 Temporary Employer/Employee Relief Scheme; we know it better as Ters.

TEBOHO MARUPING: Yes, actually if you recall during 2020, in the beginning when we issued directives, the first directive that the UIF issued with the department was very strict. It excluded all companies that were not registered for UIF, all people who were not declared for UIF were not covered in the first phases of Covid.

Because they were not compliant with Sars, they were not compliant with UIF. But we needed to intervene on behalf of South Africans, and I think that was the main doorway. Otherwise, had you closed that one and said, don’t apply, then many people would not have benefited from the Covid Ters intervention.

The only problem is that we are paying even ghost employees, and this is now what we call fiscal leakage, where money goes the wrong way. TEBOHO MARUPING: This is very big for us. I think this is one of our greatest successes. One of our biggest ones was the 20-year sentencing that happened about six months ago, and a subsequent five years. So I think for us, this is us sending a message to all and sundry who might want to defraud any state institution, not only UIF, that the law of this country will catch up with you.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Moneyweb /  🏆 5. in ZA

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.

Midrand couple sentenced for R600k UIF fraudA Midrand couple that defrauded the Unemployment Insurance Fund of more than R600,000 in Covid-19 temporary employee relief scheme funds have been sentenced by the Johannesburg specialised commercial crime court.
Read more »

Midrand couple sentenced for R600k UIF fraudA Midrand couple that defrauded the Unemployment Insurance Fund of more than R600,000 in Covid-19 temporary employee relief scheme funds have been sentenced by the Johannesburg specialised commercial crime court.
Read more »

UIF boss wants longer prison sentences for Covid-19 fraudsters who pocketed millions through TersUnemployment Insurance Fund (UIF) boss Teboho Maruping wants people who defrauded the fund of millions through the Covid-19 temporary employee relief scheme (Ters) to be given longer jail time.
Read more »

AI-powered Windows Copilot now available for testingAI-powered Windows Copilot now available for testingBeta testers must have Windows 11 Insider Preview Build 22631.2129 or higher and Microsoft Edge version 115.0.1901.150 or higher to access Windows Copilot.
Read more »

Unemployment could breach 38%, business leaders tell RamaphosaUnemployment could breach 38%, business leaders tell RamaphosaMore than 115 businesses in SA have listed a host of measures Cyril Ramaphosa will need to address to boost the stagnating economy
Read more »

Does SA need a cyber commissioner?Experts weigh in on the DA's proposal to amend the constitution to enable the establishment of a cyber commissioner.
Read more »



Render Time: 2025-02-28 11:07:41