PSA calls for overhaul of trust management system amidst theft of R1.4-billion from South African Trusts [SOUND]

# The Public Servants Association says it is alarmed by the recent revelation that an estimated 1.4-billion-rand has been stolen from South African Trusts by unscrupulous legal practitioners. The association’s Claude Naiker says this shocking figure highlights significant vulnerabilities within the trust account management system and the urgent need for comprehensive reforms. He says the fact that 561 reported cases of trust fund theft remain unprosecuted is unacceptable and demands immediate action from all relevant authorities: