Spending by the Road Accident Fund (RAF) on security for its former CEO, Collins Letsoalo, exceeded his R480,000 fringe benefit limit. Image: SAPA / File
Road Accident Fund (RAF) head of security, Stephen Msiza, has made startling revelations about former CEO Collins Letsoalo’s close protection services that came at a cost of R8m a year, which exceeded the R480,000 limit set by the board. Testifying at the Standing Committee Accounts’ (Scopa) inquiry into the RAF earlier this week, Msiza confirmed that the close protection services were provided to Letsoalo despite the SAPS finding no threat to his life.
“The board said the security must be procured because this is a policy issue,” he said.
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