Indebted public servants may get R1bn in refunds
Court order opens the way for massive relief after overcharging on interest and debt collection
18 December 2019 - 05:10
Government employees paying off creditors by salary deductions are more than R1bn out of pocket after being overcharged for interest and debt-collection fees by lenders, including one they effectively own through their pension fund.
But the company that administers garnishee orders for government has put a stop to these orders following a judgment handed down by the High Court in Cape Town on Friday...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.