How is Sibongile Mani to repay R800,000 she should never have spent?
How long could it take Walter Sisulu University student Sibongile Mani to repay R818‚000?It took the second-year accountancy student just 73 days to splurge R818‚000. The money was part of an erroneous payment of R14.1m — instead of her usual R1‚400 monthly food allowance. It would take significantly longer to repay the money — which is enough to comfortably buy a brand new Audi Q5 2.TDI S Quattro or a Range Rover Evoque SE SD4 for cash.Intellimali‚ the company responsible for the administrative error that caused the payment‚ said Mani would be held liable to repay the money and could be criminally charged. "She will definitely be held responsible‚" said Yonela Tukwayo‚ spokesperson for Walter Sisulu University.What neither organisation is clarifying‚ yet‚ is exactly how the money will be recouped. Will there be an agreement stipulating monthly repayments? Does the student have any assets that could help settle the debt? Will they charge interest? Is it even feasible that the all mo...
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