UIF won't 'name and shame' companies that defrauded Ters scheme

The fund told parliament’s public finance watchdog, the standing committee on public accounts [Scopa] on Tuesday that it is acting on legal advice not to share the details of companies that submitted illegal claims.

He said R14bn was confirmed as correctly paid to deserving employees. As a result of this exercise the fund had R3.2bn paid back into its accounts by the auditors, he said. He said the scheme remained vulnerable and as of August 23, it had about R230m exposed to potential fraud. The National Prosecuting Authority's Asset Forfeiture Unit was able to preserve R133m and R123m of the R133m had already been paid back to the UIF, he said.MPs had previously asked about naming and shaming the implicated companies.

Why Are they political connected? Its our damn monies, name them

I wonder why....?

Name them. Transparency is key.

Of course, all companies linked to government officials

💨

This must be your area of concern NPA_Prosecutes , not that karen person

This is a government institution dealing with public funds. If it was black companies they would have been named.

Because it's white people'

Must be some well connected companies on that list then.

🙈 🙈 🙈

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

UIF won't 'name and shame' companies that defrauded Ters schemeThe Unemployment Insurance Fund [UIF] has refused to name and shame companies which defrauded it of millions of rand in Temporary Employer/Employee Relief Scheme [Ters]. All BEE that’s why. They must name Kick backs at play
La source: TimesLIVE - 🏆 28. / 59 Lire la suite »

UIF won't 'name and shame' companies that defrauded Ters schemeThe Unemployment Insurance Fund [UIF] has refused to name and shame companies which defrauded it of millions of rand in Temporary Employer/Employee Relief Scheme [Ters].
La source: SowetanLIVE - 🏆 13. / 63 Lire la suite »

UIF conceals companies that stole millions in Ters fundsThe Unemployment Insurance Fund on Tuesday said it won’t be naming and shaming companies which defrauded it of millions of rand in Temporary Employee/Employer Relief Scheme funds. So they are saying that they will protect people who have broken the law? Red flag, is the a prominent politician involved? Southy is a movie. Name them. We deserve to know. This is interesting,protecting certain individuals perhaps?
La source: ewnupdates - 🏆 30. / 53 Lire la suite »

Health Squared granted leave to apply to wind up its businessHigh court yet to decide on the regulator’s urgent application to place the scheme under curatorship 🔒 Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0 I never knew I would be what as I'm today so mush suffering, saw a post about your platform and I took a step to try if it's going to work, you changed my life financially, I just want to share your good work and let the world know how great you are JamesAlderson0
La source: BDliveSA - 🏆 12. / 63 Lire la suite »