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You are at:Home » Millions in Sassa Funds Allegedly Mismanaged: Explosive Affidavit Revealed
Crime

Millions in Sassa Funds Allegedly Mismanaged: Explosive Affidavit Revealed

By mdntvJanuary 6, 2025No Comments3 Mins Read
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Here are Explosive Allegations of Social Grant Mismanagement. It’s all about some pretty big claims regarding how social welfare funds are being handled. The focus is on some cash deliveries at CPS offices in Rosebank that have raised quite a few eyebrows. Let’s break it down together.

Fidelity Guard Officer’s Affidavit

So, here’s the scoop: a former senior security officer has come forward with some pretty shocking information. In an affidavit, they’ve shared details about cash being moved around in ways that seem, well, a bit fishy. They’re saying that money was being transferred to car boots, and get this – even to the car of CPS COO Nanda Pillay! Now, that’s not something you hear every day.

Suspicious Cash Movements

Now, you might be thinking, “What’s the big deal about moving cash around?” Well, here’s the thing – apparently, there wasn’t any paperwork to go along with these cash transfers. That’s a bit like taking money out of your piggy bank without keeping track of it. Some folks are worried that this might be a sign of theft for personal gain within CPS.

CPS and Fidelity Services Group Roles

Let’s take a quick step back and look at who’s involved here. CPS is supposed to be in charge of paying out social grants. That’s a pretty important job. Then we have Fidelity, whose job it is to move the cash around and keep it safe for Sassa pay points. It’s like they’re the armored truck drivers of the social grant world.

Officer’s Concerns About Compliance

Our whistleblower wasn’t too happy about these undocumented cash drops. They felt it went against Reserve Bank rules – kind of like breaking the “house rules” of banking. What’s more, they say they were told to do this by Fidelity CEO Wahl Bartmann. That’s quite a claim.

Response from Involved Parties

Now, as you’d expect, the folks being accused aren’t taking this lying down. FSG and Pillay are saying, “No way, we didn’t do anything wrong!” Pillay’s even got an explanation – he says the cash deliveries to CPS offices were for ATM payouts. It’s like two sides of the same coin, each telling a different story.

Investigative Gaps and Implications

This affidavit was given to the Zondo Commission way back in 2020, but nothing much seems to have happened with it since then. It’s like finding a puzzle piece but not knowing where it fits. But here’s the thing – if there’s even a chance that state funds are being misused.

Social Grants’ Financial Impact on Taxpayers

Let’s talk numbers for a second. Did you know that Sassa spends over R250 billion a year on social grants? That’s a lot of zeros! This money helps out core clients and those getting SRD (that’s Social Relief of Distress) grants. It’s a big chunk of change that affects a lot of people.

The Need for Accountability

I think we can all agree that we need to get to the bottom of this. It’s not just about following rules – it’s about making sure that the money meant to help vulnerable people gets to them. After all, isn’t that what social grants are all about?

“When it comes to public funds, especially those meant for our most vulnerable citizens, transparency isn’t just nice to have – it’s absolutely necessary.”

Do you think there should be more investigations? Let’s chat about it in the comments below!

 

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Next Article Senzo Meyiwa Trial: Will Justice Prevail In 2025?

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