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

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 […]

12/11/2025

News

Transport Minister Creecy dissolves RAF board

This amid governance and operational challenges at the entity. Transport Minister Barbara Creecy has dissolved the board of the embattled Road Accident Fund (RAF). In a statement, the transport ministry said this followed governance and operational challenges at the state-funded entity. This, the ministry said, had undermined the RAF's ability to execute its mandate. At the weekend, suspended CEO, Collins Letsoalo, and the chief investment officer, Sefotle Modiba, who was […]

15/07/2025 2

News

Morero letter lays bare discrepancies in claims made by suspended RAF exec

RAF executive Sefotle Modiba resigned as director of treasury at the City of Johannesburg during disciplinary hearings where he was accused of misconduct. The City of Johannesburg has since denied Modiba’s claims that the separation was mutual. A letter sent by Johannesburg Mayor Dada Morero to the Standing Committee on Public Accounts (SCOPA) has laid bare discrepancies in claims made by the suspended chief investment officer (CIO) at the Road […]

14/07/2025 3

News

MK, EFF question need for SCOPA inquiry into RAF

After a year of back and forth over the financial management and governance of the entity, the committee on Tuesday resolved to launch an inquiry that will include witness testimony from those who've blown the lid on irregularities. The uMkhonto weSizwe (MK) Party and the Economic Freedom Fighters (EFf) have appeared hesitant for Parliament's Standing Committee on Public Accounts (SCOPA) to launch an inquiry into the Road Accident Fund (RAF). […]

25/06/2025 3

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Road Accident Fund (RAF)