PSA dismayed by Compensation Fund’s alleged loss of over R71-million amidst looting claims [SOUND]

# The Public Servants Association says it is dismayed by the disappearance of millions of rands from the Department of Employment and Labour’s Compensation Fund. Auditors have uncovered missing documents, fraudulent bank accounts, cybersecurity flaws, and a 71-million-rand loss in the past two financial years at the Compensation Fund. PSA’s Claude Naicker says systematic vulnerabilities currently plaguing the Fund have created a playground for syndicates and corrupt people, operating with absolute impunity: