NSFAS board chairperson Ernest Khosa.
The husband of a director of one of four companies contracted to pay National Student Financial Aid Scheme (NSFAS) allowances to students, allegedly paid R1 million towards a South African Communist Party (SACP) conference.
This is contained in an Organisation Undoing Tax Abuse (OUTA) report. OUTA has been investigating the direct payment contracts awarded to the four companies – Coinvest Africa (Pty) Ltd, Tenet Technology (Pty) Ltd, Ezaga Holdings (Pty) Ltd and Norraco Corporation (Pty) Ltd – in June 2022.
The report quotes voice recordings of two meetings held in August between NSFAS board chair Ernest Khosa and Thula Ntumba, a Coinvest representative and the husband of one of its directors, Tshegofatso Ntumba.
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we’re about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Discussion about this post