Jabulile Mbatha13 July 2025 | 6:04

'Do you want us to die in silence?' Suspended RAF execs claim they're receiving death threats

Collins Letsoalo and Sefotle Modiba made the claims during a media briefing in Pretoria on Saturday, where they accused senior members of the legal fraternity and the RAF's own board chairperson of being behind the alleged financial misconduct at the fund.

'Do you want us to die in silence?' Suspended RAF execs claim they're receiving death threats

Suspended RAF CEO, Collins Letsoalo (centre, and chief investment officer, Sefotle Modiba (left), during a media briefing on 12 July 2025. Picture: Jabulile Mbatha/EWN

PRETORIA - The suspended CEO and chief investment officer of the Road Accident Fund (RAF) said that they had been receiving death threats, claiming their attempts to expose corruption at the organisation were being met with intimidation.

Collins Letsoalo and Sefotle Modiba made the claims during a media briefing in Pretoria on Saturday, where they accused senior members of the legal fraternity and the RAF's own board chairperson of being behind the alleged financial misconduct at the fund.

Letsoalo, suspended over an alleged irregular R79 million building lease, and Modiba, who is accused of dishonesty regarding his past employment, said that the accusations against them were false.

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Letsoalo and Modiba claimed that their suspensions were not about misconduct, but retaliation.

They allege that judges, lawyers, and even the RAF's board chairperson, Lorraine Francios, were at the centre of financial mismanagement at the state-owned fund.

Letsoalo added that his failure to appear at a SCOPA hearing in May, which was cited as another reason for his suspension, was because he was placed on special leave a day before by the board chairperson, who then told him not to attend.

On the other hand, the CIO, Modiba, also dismissed claims that he misled the RAF about his exit from the City of Johannesburg.

Letsoalo told the media that they would fight to maintain their integrity.

"What would you rather we do? Do you want us to die in silence or you want us to deliver an ostrich post and say they are coming for us? We are ready, where this comes from, we are ready, we will show you how systematically we are being bullied."

Letsoalo added that that he was prepared to give his life to ensure the truth was revealed.