Three ministers allegedly involved in attempted R5bn UIF corruption

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‘One cannot but imagine how much the fiscus would have lost and whether such an amount would have been recoverable, had those vigilant and very upright senior officers at the UIF not pushed back,’ says Tebogo Khaas, chairperson of Public Interest SA.

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TEBOGO KHAAS: Yes, thank you for the opportunity, Jeremy. In sum, what Mr Mdwaba is alleging is that certain ministers, three ministers to be precise, had approached him with regards to the R5 billion tender or deal that he had sought to secure at the UIF. They were asking for 10% of that R5 billion, an amount of R500 million.

TEBOGO KHAAS: It’s unfathomable, R5 billion, I just don’t know how many RDP houses you can build with R5 billion. But certainly, because this money belongs to workers who contribute monthly to the Unemployment Insurance Fund, one cannot but imagine how much the fiscus would have lost and whether such an amount would have been recoverable, had those vigilant and very upright senior officers at the UIF not pushed back.R5 billion is a lot of money.

 

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