Explosive Black Sash Trust claims involving favoured Sassa grants firm’s owner
Black Sash Trust makes serious claims in Constitutional Court papers involving the group that owns the firm that Sassa wants to go on handling 17-million social grants
It remains to be seen whether social grants will be paid on April 1. But now it has emerged that 17-million poor people, who depend on Sassa grants, are allegedly "at risk" of being financially exploited by a multinational Net 1 UEPS Technologies Inc Group. One of the companies owned by the group is Cash Paymaster Services (CPS), which has been distributing grants to beneficiaries. While some details seeped into the public eye in recent months‚ documents filed by the Black Sash Trust in the Constitutional Court contain explosive allegations and evidence of how the organisation may have fleeced beneficiaries of millions of rands. Some Net1 group companies offered loans to beneficiaries and would make deductions from their grants. This‚ said trust advocacy manager Elroy Paulus‚ was in violation of the Social Assistance Act. He also said airtime was offered on credit by group companies. "There is growing evidence that disputed deductions by Sassa beneficiaries have come off their bank ...
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