Officials at the Fund have since been suspended for their possible involvement in the ‘fraudulent transactions’.manages money on behalf of people who are legally incapable or do not have the capacity to manage their own affairs. This includes minors, unborn heirs and missing or absent people. The Fund is administered by the Master of the High Court with offices in Pretoria, Cape Town, Bloemfontein, Kimberly and Makhanda.
On 23 June, the department confirmed that its Guardian’s Fund System had been breached and over R17-million had been taken. ‘We are pleased to inform the public that the department has obtained a preservation order for some of the stolen funds,’ the department stated. While Mahlangu initially told GroundUp that most of the beneficiaries would be paid by mid-June, this week he said 2,431 of the 5,035 outstanding payments had been processed. ‘The balance of the backlog was 2,604 as at Monday, 26 June 2023,’ said Mahlangu.
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: News24 - 🏆 4. / 80 Read more »