Road Accident Fund Inquiry: Ex-CEO Faces Scrutiny
The Special Investigating Unit (SIU) has presented a series of serious allegations against Collins Letsoalo, the former CEO of the Road Accident Fund (RAF), during a parliamentary inquiry. These allegations center around governance failures and mismanagement during his tenure.
The SIU claims that Letsoalo bypassed the RAF board in critical decision-making processes and improperly interfered in procurement matters. These are significant accusations that raise questions about the oversight and accountability within the RAF during Letsoalo's leadership.
Letsoalo's contract with the RAF concluded in August. He has previously refuted these claims, arguing that his decisions actually resulted in substantial savings for the fund. This creates a contentious situation, with conflicting narratives regarding his performance as CEO.
Key Allegations Against Letsoalo:
- Bypassing the RAF Board
- Interference in Procurement Processes
The parliamentary inquiry is ongoing, and further details are expected to emerge. The outcome of this inquiry could have significant implications for the RAF and its future operations. The public will be keenly watching to see how these allegations are addressed and what measures will be taken to ensure proper governance moving forward.
This is a developing story and will be updated as more information becomes available. Stay tuned to newsrpt.com for the latest updates on the RAF inquiry.