SIU Authorised To Investigate NSFAS

Please share this article


The Special Investigating Unit (SIU) has been given the authorisation to investigate allegations of corruption and maladministration at the National Student Financial Aid Scheme (NSFAS). The unit is expected to launch the investigation shortly.


President Cyril Ramaphosa signed a proclamation which gave the Special Investigating Unit (SIU) the authority to investigate the National Student Financial Aid Scheme (NSFAS). This decision was made after allegations of corruption and maladministration in the bursary scheme.

The allegations included that NSFAS bursaries were first allocated to relatives of NSFAS employees and the allocation of large amounts of money into students’ bank accounts raised concerns of corruption and maladministration in the organisation. SIU then decided to submit a proclamation to the president to investigate these matters. 

According to the unit, the investigation is expected to cover the period between April 2016 and August 2022 and any other period relevant to the investigation. Although the investigation does not have a timeframe, the unit would like to ensure that the matter is resolved within in a year. 

The investigation is said to look into two functions of NSFAS. Kaizer Kganyago, the SIU spokesperson, said that the first part will investigate the management of finances in the organisation and the second part will look into the “allocation of loans, bursaries and any other funding payable to students in terms of the provisions of the National Student Financial Aid Scheme Act, 1999, Act No. 56 of 1999”.

“Furthermore, the SIU will also investigate related unauthorised, irregular or fruitless and wasteful expenditure incurred by the NSFAS or the State, including the causes of maladministration,” said Kganyago. 

According to the SIU spokesperson, the conduct of officials will also be under scrutiny. Any unlawful or improper conduct by officials or employees of NSFAS will be investigated.

The unit hopes to seek to recover any funds lost by the government as a result of any wrongful actions at the organisation. The corruption-busting unit has been empowered to institute a civil action in the High Court or a Special Tribunal in its name, to correct any unlawful action discovered during both investigations caused by acts of corruption, maladministration, or fraud. 

Kganyago said that the unit will refer any evidence indicating criminal conduct discovered to the National Prosecuting Authority (NPA) for further action. This is in line with the Special Investigating Units and Special Tribunals Act 74 of 1996.


WhatsApp Channel

Sponsored Ad



Google News

Post-Matric Options


After completing your matric certificate exams, you are faced with a multitude of post-matric options that can shape your future paths.

These options range from pursuing higher education at universities or colleges, entering vocational training programs, joining the workforce, or even considering entrepreneurial ventures, each offering unique opportunities for personal and professional growth.

You've probably been contemplating the next chapter of your life all throughout the year asking yourself, 'what am I going to study after I finish completing my matric certificate exams?', 'am I going to study? What else can I do when I pass'? Well, we can help.


Where to Study


Other Articles

EduPower’s innovative learnership model enables skills development in under-served communities.


Latest SASSA articles

The South African Social Security Agency(Sassa) is still in the process of paying out the R350 grant to all qualifying applicants. However, if you are curious as to which grant payment collection methods Sassa currently has in place, then the following answer may be of interest to you. 

The President has confirmed that the SRD Grant is here to stay - and is going to be improved. So its still worth submitting an appeal if you were rejected unfairly for the R350 grant. Here is how the process you should follow and details on how long you can expect to wait. 


Careers Advice

Police officers are often looked up to as the heroes of communities and many people aspire to be in this position. If you're one of those who dream of working for the police, here's where you can study to join SAPS.