The USAf Board Directors welcomes the decisions of the NSFAS Board pertaining to findings of an investigation into the appointment of student allowances direct payment service providers
The Board of Directors of Universities South Africa (USAf) welcomes the decisions of the Board of the National Students Financial Aid Scheme (NSFAS):
- To terminate the contracts of the four direct payment service providers;
- To prompt the NSFAS CEO to motivate why his contract should not be terminated;
- To subject the NSFAS staff associated with wrongdoing to a disciplinary enquiry and
- To review the NSFAS supply chain management policy.
According to Dr Phethiwe Matutu, Chief Executive Officer and Spokesperson of USAf, it is only prudent that the services of the four companies be terminated, given NSFAS’s prior negligence to undertake due diligence on them and to establish their fitness for purpose.
