Companies benefitting from Covid-19 TERS to be audited
If you helped yourself to money you’re not entitled to; I hope you get locked up. I hope you go to jail. That would be fabulous!Bruce Whitfield, presenter - The Money Show
Employers who received the Unemployment Insurance Fund’s (UIF) special COVID-19 TERS benefits will be audited.
The Special Investigation Unit (SIU) is investigating claims of corruption regarding TERS benefits.
The Money Show’s Bruce Whitfield interviewed Ruth Maforimbo, a Senior Manager for People Advisory Services at EY Europe, Middle East, India and Africa (EMEIA).
The current audit should bring to light what was misappropriated… We’re positive the misused funds will be recovered…Ruth Maforimbo, Senior Manager - People Advisory Services, EY Europe, Middle East, India and Africa
The audits started in December. They’ll run for six months… but they’ll be extended…Ruth Maforimbo, Senior Manager - People Advisory Services, EY Europe, Middle East, India and Africa
All companies that have misused funds will be brought to book… They [UIF] should be able to recover most of what has been misused…Ruth Maforimbo, Senior Manager - People Advisory Services, EY Europe, Middle East, India and Africa
Listen to the interview in the audio below.
Source : https://www.123rf.com/photo_82070338_financial-fraud-concept-liar-businessman-with-dollar-cash.html?term=fraud&vti=moeowm4m13rx4q949e-1-26
Areas of concern are Somerset West, Gordon’s Bay, the City Bowl, Sea Point, Milnerton, and Durbanville, says Dr. Keith Cloete.Read More
People who are office-bound got jabs while healthcare workers are being turned away, says reporter Mia Lindeque.Read More
13 989 prisoners were released on special Covid-19 parole. 126 are back in prison for serious crimes, says Singabakho Nxumalo.Read More
Struggling with sheer numbers, it seems people are immersing bodies in the Ganges before cremation, says Adam Gilchrist.Read More
"It’s going to be a very different experience," says Olympic swimming star Chad le Clos. "London was the craziest atmosphere!"Read More
Only the Free State is technically in a third wave, says Health Minister Zweli Mkhize.Read More
The NICD confirmed this weekend that four cases of the Indian variant of Covid-19 have been discovered in South Africa.Read More
“The pandemic is at a fearsome stage,” warns Dr. David Nabarro, Special Envoy on Covid-19 for the World Health Organisation.Read More
Refilwe Moloto interviews Brooks Spector, a US foreign policy expert and associate editor at Daily Maverick.Read More
Almost half of the respondents gained weight during the lockdown. Many Wiener interviews Nicole Jennings of Pharma Dynamics.Read More
The Money Show’s Bruce Whitfield interviewed Isobel Frye, Director at the Studies In Poverty And Inequality Institute.Read More
"There’s a Constitutional obligation on the state to ensure that nobody goes hungry," says Lynette Maart (Black Sash).Read More
Dr Angelique Coetzee explains why you should get a flu vaccine before getting one for Covid-19 if you are older than 60.Read More
The Money Show’s Bruce Whitfield interviews Dr Ryan Noach, Chief Executive at Discovery Health.Read More
Exactly one year ago, the government banned alcohol. Hospitals emptied out, and the economy crashed and burned.Read More
"SA has managed to do well compared to EU countries, but not so well compared to other African countries," says Dr Anam Nyembezi.Read More
Bruce Whitfield interviews Prof Jeffrey Mphahlele (SA Medical Research Council) about the significance of the vaccine's arrival.Read More
Can employers make it compulsory for employees to get vaccinated against Covid-19? A labour lawyer explains on The Money Show.Read More
It cannot stop its furnaces, so it must keep them going. Bruce Whitfield interviews Mike Arnold, CEO at Consol Glass.Read More
Treasury is mulling raising taxes, says Prof Adrian Saville, Chief Executive of Cannon Asset Managers.Read More