Spokesperson explains corruption allegation at national student loan body

The Minister of Higher Education and Training, Blade Nzimande, will be overseeing an investigation into corrupt activities at the National Student Financial Aid Scheme (NSFAS) starting at the end of May.

Last year, NSFAS provided student loans and bursaries to the amount of R8.3 billion. The scheme will receive R4.94 billion for university study loans, about R2.2 billion for technical and vocational training college bursaries and close to R149 million for administration for the 2015 -16 financial year.

In his department’s budget vote speech in Parliament on Thursday, the Minister was quoted as saying:

We’ve used a certain criteria to identify some of the institutions we want to prioritise and we are hoping that the institutions selected will give us maximum possible information about the nature and extent of the problem. Sadly we have found evidence of corruption in the application of NSFAS loans and bursaries within the system. By the end of May 2015, a forensic investigation will have commenced to determine the depth of corrupt practices in the administration of NSFAS.

Minister Blade Nzimande

702/ CapeTalk’s Redi Tlhabi spoke to Kagisho Mamabolo, National Spokesperson for the National Student Financial Aid Scheme (NSFAS).

Mamabolo said that NSFAS welcomes the forensic investigations by the Minister but criticized the manner in which the media has captured the story in terms of what the forensic investigation is set to do. He further said that he expected the media to do a follow up on the story to ensure that the terms of reference in which the allegation are made are clearly comprehended.

According to Mamabolo, the terms of reference was to investigate allegations of fraud and corruption in the allocation of NSFAS financial aid to students at higher education institutions and TVET colleges.

The purpose of the investigation is to determine whether or not fraudulent activities does exist and, if it does exist, to determine the extent of the fraud and the corruption in the system and to identify students and individuals who have defrauded the system. After that recommendations would be made to address the shortcomings and the weaknesses identified so if the journalists could do a little bit of work and look at what the terms of reference are in terms of this forensic investigations they would learn that out of the eleven terms of reference only one talks about the shortcomings of NSFAS.

There is a lot of corruption at the institutions; officials are working with the students to defraud the system

Listen to the full interview below:


Recommended

by NEWSROOM AI
Read More
What do you want done with your body when you die? Burial, cremation or science?

What do you want done with your body when you die? Burial, cremation or science?

Callers on the Eusebius Mckaiser Show discuss whether they want to be buried or cremated.

Signs your jealousy may be getting unhealthy

Signs your jealousy may be getting unhealthy

Managing jealousy has become increasingly important, particularly with the evolving structure of modern relationships says Dr Eve.

Naked Scientist: Why is it that women live longer than men?

Naked Scientist: Why is it that women live longer than men?

Naked Scientist Chris Smith says there is a range of reasons why this may be true.

'The revolution is imminent'

'The revolution is imminent'

Amcu President Joseph Mathunjwa's makes a bold statement and callers on the Eusebius McKaiser Show reflect on Marikana.

[LISTEN] Is it important to ask: how are you?

[LISTEN] Is it important to ask: how are you?

Callers on the open line debate whether it's inappropriate to greet or not.

'We need history that is able to integrate black and white cricket'

'We need history that is able to integrate black and white cricket'

Eusebius McKaiser hosts a discussion about cricket and society with pundits Lewis Manthata and Ashwin Desai.

Popular articles
 In the market for a 2nd hand car? Here are some tips to buy it on a budget!

In the market for a 2nd hand car? Here are some tips to buy it on a budget!

In the car feature, our very own car guy Tumelo Maketekete shares some tips and tricks to buying a car on a R100 000 budget.

Vigilante mob attacks alleged criminals in Daveyton

Vigilante mob attacks alleged criminals in Daveyton

Tensions are rife in the East Joburg township as the community attacked and killed criminals.

[Listen] Lottery responds to Tshepo's fraud claims

[Listen] Lottery responds to Tshepo's fraud claims

Philemon Letwaba says Tshepo's case relates to some of the issues that they are dealing with on a daily basis.

'Black Tax'... working hard, earning well, but struggling financially

'Black Tax'... working hard, earning well, but struggling financially

Young(ish) South Africans tell stories of the mixed emotions they feel when supporting family members, and tips from an advisor.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.