NSFAS CEO handpicked companies to disburse funds to students, report finds

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NSFAS CEO handpicked companies to disburse funds to students, report finds

The report found there was a conflict of interest in the appointment of the companies to disburse R47 billion to NSFAS beneficiaries.

However, Nongogo, who has been suspended, has until Monday to give the NSFAS board reasons why his contract should not be terminated for facilitating the maladministration, which led to more than 80 000 students not receiving their allowances on time. Khosa said it was found the four firms were irregularly appointed - and Nongogo played an active role in the flawed process.

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