Employers refund R2bn to UIF after fraudulent Ters claims
Probe by Special Investigating Unit and nine audit firms is under way
18 March 2021 - 19:51
Employers who made fraudulent claims under the Covid-19 wage protection scheme have refunded slightly more than R2bn to the Unemployment Insurance Fund (UIF), employment & labour minister Thulas Nxesi told parliament on Thursday.
The minister was answering questions from MPs in the National Council of Provinces. He said employers were entering into acknowledgment of debt arrangements with the UIF for the false claims made under the Temporary Employer/Employee Relief Scheme (TERs). The Ters benefit is part of the government's R500bn Covid-19 support package...
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.