Healthcare professionals serving the Road Accident Fund (RAF) are facing extreme financial strain. Medico-legal experts who assess accident injuries and loss of income are dealing with years-long payment delays. Evidence presented to Parliament’s Standing Committee on Public Accounts (Scopa) revealed a system in complete collapse. These experts provide independent reports for RAF claims and court proceedings. Without them, the legal…
Tag: SCOPA
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Road Accident Fund Insolvency has Deep Roots, Scopa Told
Former Road Accident Fund (RAF) board members have told Parliament that the fund’s crisis is not new. They said the RAF has faced sustained financial distress for more than three decades. In their account, liabilities have exceeded assets since at least 1981. That, they argued, left the fund “technically insolvent” for decades. The testimony was delivered to Parliament’s standing committee…
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RAF Insolvency exposed by Senior Actuary
A former senior actuary at the Road Accident Fund (RAF) has delivered explosive testimony to Parliament. He described a controversial accounting change as an “accounting sleight of hand.” Management designed this to mask the fund’s actual insolvency and mislead the public. In a damning affidavit submitted to the Standing Committee on Public Accounts (Scopa), Itayi Charakupa, the RAF’s former senior…
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RAF’s Unpaid Claims Cause Hospital Closure
Sunshine Hospital, a 200-bed private medical facility, has been forced into permanent closure due to financial insolvency. The closure was due to more than R300 million in unpaid, adjudicated claims from the Road Accident Fund (RAF). The details of the hospital’s collapse were laid bare before Parliament’s Standing Committee on Public Accounts (Scopa). The hospital’s boss, Kenneth Ford, delivered damning…
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Road Accident Fund Bonuses Scrutinised by Scopa
The Road Accident Fund (RAF) paid R231.7 million in bonuses during a financial year. These Road Accident Fund bonuses came under scrutiny when, during the same year, the RAF received an adverse audit opinion from the Auditor-General of South Africa, as Parliament heard on Monday. The revelation, contained in the fund’s latest annual report, has become a focal point for…
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RAF Insolvent with R27.8 Billion Deficit Woes
The Road Accident Fund (RAF) is insolvent, with a R27.8 billion accumulated deficit, decades-old claims backlogs, and severe governance failures, Parliament’s Standing Committee on Public Accounts (Scopa) has heard. The fund’s leadership and the Auditor-General have acknowledged the RAF’s insolvent state. They painted a grim picture of an entity in deep operational and financial crisis. RAF officials confirmed to the…
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Road Accident Fund under Investigation by SCOPA
Parliament’s Standing Committee on Public Accounts (SCOPA) has officially launched a formal inquiry into the deeply troubled finances of the Road Accident Fund (RAF). The decision comes as the RAF grapples with serious allegations of corruption. An explosive internal power struggle has reached the High Court. The parliamentary probe follows a deluge of whistleblower reports and complaints alleging widespread maladministration,…