Collins Letsoalo

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New RAF board gets flak from Parly for shielding 4 executives from accountability

Some members of Parliament (MPs) said it appeared Friday’s suspensions, which include the chief financial officer, were a deliberate move to shield them from accountability after the institution reported a deficit of R2.3 billion for the last financial year. The new board of the Road Accident Fund has come in for harsh criticism from Parliament’s Transport Portfolio Committee for suspending four executives just days before they were due to appear […]

today12/11/2025

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Modiba and Letsoalo say their suspension from the RAF is ‘baseless’

The two briefed the media in Pretoria on Saturday afternoon to present what they described as evidence, including graphs and internal email correspondence, allegedly proving systemic wrongdoing within the RAF. The Road Accident Fund’s (RAF) suspended CEO, Collins Letsoalo, and chief investment officer, Sefotle Modiba, say they are being targeted for trying to expose corruption within the state entity. The two briefed the media in Tshwane on Saturday afternoon to […]

today12/07/2025 2

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