Hawks head hints at prosecutions over R2.5bn missing from National Skills Fund
Scopa members hear of widespread fraud, corruption and money laundering at the fund
20 October 2022 - 21:27
The Hawks are investigating suspected fraud, corruption and money laundering in several projects tied to the National Skills Fund (NSF) for development, education and training.
The NSF is a public entity in the department of higher education & training aimed at supporting national skills development. The standing committee on public accounts (Scopa) in parliament ordered investigations in May 2021, after a second consecutive auditor-general report found more than R2.5bn in NSF funds could not be traced...
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