JOHANNESBURG – Six forensic firms will need at least five years to unravel the depths of financial mismanagement, neglect, corruption and “rottenness”- as employment and labour minister Thulas Nxesi puts it at the heart of the Compensation Fund.Nxesi said in a written Par- liamentary answer this week that a panel of six forensic in- vestigation firms have been appointed and contract nego- tiations had been concluded for a probe into the fund.The investigation was or- dered by the Standing Com- mittee of Public Accounts (Scopa) in May.“Firms will be commencing with the work from January 2022, though the initial plan-ning is being conducted in December 2021,” Nxesi said in the reply.The government-run fund is financed by employers and aims to pay compensation to sick and injured workers, or the families of employees who have died on the job.The fund however has faced large-scale criticism, including about lengthy delays in paying out claims, poor leadership and […]
Five years needed for ‘rotten’ fund probe
