SCOPA members target RAF management over billions in liabilities

Members of Parliament's Standing Committee on Public Accounts (SCOPA) want the Road Accident Fund (RAF)’s parliamentary inquiry to make adverse findings against the entity’s management for exposing it to billions in liabilities.

The committee said former CEO Collins Letsoalo and the board must also be held accountable for the legal costs they've incurred in defending cases against the RAF.

SCOPA discussed the risks facing the RAF on Friday while discussing the first draft of its RAF oversight inquiry report.

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The committee also wants National Treasury to brief it on the exact estimates of the RAF's liabilities, which are said to be in the billions.

Committee member Patrick Atckinson said, “So, what I'm saying is I really do think we need to make a finding against the CEO and against the board and look for some sort of recompense from them for the massive cost that they've incurred in legal fees and also the potential, you know, this liability could break the Road Accident Fund.”

Meanwhile, the committee also wants to meet with National Treasury to get an accurate estimate of RAF's liabilities.

Some MPs claim the liabilities facing RAF could be in the region of R500 billion, as the entity sits with thousands of unprocessed claims that were rejected.