SIU Recovers R71.4 Million Linked to TERS Claims

by
1 min read
south africa siu

The Special Investigating Unit (SIU) has made a significant step in the fight against fraud and corruption in South Africa by recovering R71.4 million linked to Temporary Employer/Employee Relief Scheme (TERS) claims.

Misappropriation of TERS Funds

The TERS scheme was implemented to provide much-needed relief to businesses and individuals affected by the Covid-19 pandemic. However, the misappropriation of funds has undermined the program’s effectiveness and the government’s efforts to support the economy. The SIU’s investigations have found cases of ineligible individuals receiving TERS payments and false, irregular, invalid, or defective applications being submitted to the Unemployment Insurance Fund (UIF).

Newsletter

Stay Informed • Cape Town

Get breaking news, events, and local stories delivered to your inbox daily. All the news that matters in under 5 minutes.

Join 10,000+ readers
No spam, unsubscribe anytime

Importance of Recovery

The SIU’s recovery of the funds is critical to ensure the relief funds are appropriately allocated and utilized to support businesses and individuals affected by the pandemic. The recovery of the R71.4 million is a positive development, but more needs to be done to address fraud and corruption in South Africa.

Need for Robust Measures

The government must implement more robust measures to prevent fraud and corruption and hold those responsible for their actions. Establishing a Special Tribunal to adjudicate cases arising from the SIU’s investigations and the National Prosecuting Authority prosecuting individuals implicated in corruption and fraud are steps in the right direction.

Ongoing Battle

The fight against fraud and corruption is an ongoing battle, and the recovery of misappropriated TERS funds is a small victory in a much larger war. The government and its agencies must remain vigilant and proactive in combating fraud and corruption and ensure that public funds are used for their intended purposes.

Tags:

You might be interested in

Sarah Kendricks is a Cape Town journalist who covers the city’s vibrant food scene, from township kitchens reinventing heritage dishes to sustainable fine-dining at the foot of Table Mountain. Raised between Bo-Kaap spice stalls and her grandmother’s kitchen in Khayelitsha, she brings a lived intimacy to every story, tracing how a plate of food carries the politics, migrations and memories of the Cape.

View all

Leave a Reply

Your email address will not be published.

south africa water crisis
Previous Story

The Water and Sanitation Crisis in South Africa: Urgent Action Needed

cholera outbreak
Next Story

Cholera Outbreak in Hammanskraal Raises Concern Amid COVID-19 Pandemic

Latest from Blog

Kiteboarding Extreme Sports

Forty Metres of Air: The Morning Kiteboarding Rewrote Physics

Hugo Wigglesworth, a young kiteboarder, defied gravity and rewrote the record books by soaring an incredible 40 meters into the air. He used powerful winds, a perfectly timed jump off a wave, and special gear to achieve this amazing feat. His careful planning and hundreds of practice runs made him fly higher than anyone before, showing the world what’s possible in kiteboarding.

housing crisis Airbnb

Airbnb Under Fire: How Cape Town’s Housing Crunch Became a Tourism Blame-Game

Cape Town’s housing woes are NOT really Airbnb’s fault, even though a viral photo tried to blame them! The real problem is that not enough homes are being built, and lots of new people are moving to the city. Getting building permits takes forever, making homes expensive. Airbnb brings in lots of money and jobs, and even if all Airbnbs disappeared, it wouldn’t fix the big housing shortage. The city needs to build more homes and make it easier to do so, not just point fingers at tourists.

Cape Town Restaurants

Cape Town’s Hottest Tables: Where Summer Tastes Like Salt, Smoke and Midnight Vinyl

Cape Town’s new restaurants are super exciting, offering amazing tastes from the ocean, farms, and even old recipes. Places like Amura serve unique sea dishes, while Tannin has a huge wine list and tiny plates. Café Sofi bakes heavenly pastries, Beach Buns makes awesome burgers, and Le Bistrot de JAN mixes French and South African flavors. These spots let you taste the city’s lively food scene, from fancy dinners to casual beach eats, making every meal an adventure.

South Africa Ocean

Between Concrete and Current – Four Inland Hearts Meet the Indian Ocean

This article tells a beautiful story of four South Africans from inland places who see the Indian Ocean for the very first time. For many, the sea is just a picture, far away and hard to reach. But when these brave people finally touch the salty water, it changes them deeply. They feel the ocean’s power, taste its salt, and understand that this huge, blue world is now a part of their own story, breaking down old ideas about who can connect with the sea.