By: Natasha Archary

NSFAS has confirmed that CEO Andile Nongogo will be taking a leave of absence, to allow the Board to investigate allegations of corruption levelled against him.
The allegations include a Fintech company being awarded a lucrative contract with the student funding scheme, with Nongogo at the helm.
Point of View with Phemelo Motene spoke to South African Union of Students Spokesperson, Asive Dlanjwa who gives us a response from students.
Listen to the full conversation here:
In a statement issued on Wednesday, 16 August, NSFAS confirmed the Board will be investigating the allegations with a particular focus on the Direct Payment Project.
“In the past few weeks, several allegations were levelled against the Chief Executive Office on the National Student Financial Aid Scheme (NSFAS). The allegations relate to his work with the Services SETA, and how this may relate to unacceptable conduct in the awarding of bids at NSFAS.
Whilst the Board recognises that, in the main, the allegations stem from activities in another organisation, it views them in a very serious light.
NSFAS runs close to R50 billion budget which services young people from poor and working-class backgrounds.
This is no small task, as it has an impact on skills development, and consequently the economic development of our nation.
The Board believe that in executing this responsibility, public trust is of paramount importance.
In the interest of the image of NSFAS, the Board has resolved to investigate the allegations with a particular focus on the Direct Payment Project.
During the course of the investigation, the CEO will be on a leave of absence. The Chief Financial Officer, Mr Masile Ramorwesi, will be acting as CEO until further notice.”
MEDIA STATEMENT: BOARD DECISION TO INVESTIGATE ALLEGATIONS AGAINST CEO pic.twitter.com/ztrC4dMbtl
— NSFAS (@myNSFAS) August 16, 2023
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