Stu­dent suf­fered pain through colos­sal er­ror

Sunday Tribune - - NEWS&VIEWS -

DE­POSIT­ING R14mil­lion into a stu­dent’s ac­count is grossly neg­li­gent. The ques­tion is: Was this mis­take high­lighted be­cause it in­volved such a large sum?

Could it be that smaller amounts go un­no­ticed? Many will ques­tion the pro­ce­dures and method­ol­ogy of pay­ment in re­spect of checks and bal­ances.

If this was a tech­ni­cal glitch, then what mea­sures should be taken to rem­edy this? If it was hu­man er­ror, will the em­ploy­ees be given train­ing to en­sure a sim­i­lar sit­u­a­tion is not re­peated?

It seems to be a case of sheer neg­li­gence on the part of the em­ployee de­posit­ing the money.

What ac­tion is go­ing to be in­sti­tuted against the em­ployee for such neg­li­gence? Is he/she suit­ably qual­i­fied and do they have the rel­e­vant ac­count­ing skills to be in this job?

The re­cip­i­ent of the money squan­dered R800000 and has to pay the money’s a trav­esty when in­no­cent peo­ple suf­fer be­cause of sheer neg­li­gence and in­com­pe­tence.

What is even more puz­zling is that the R14m was in the stu­dent’s ac­count for about two months be­fore the er­ror was de­tected.

Is there no rec­on­cil­i­a­tion state­ment in terms of pay­ments for the day? Ac­count­ing prac­tices seem poor or non-ex­is­tent for such a colos­sal er­ror to go un­de­tected for such a long pe­riod.

This sys­tem is prone to cor­rup­tion and mis­man­age­ment. With stu­dents ad­vo­cat­ing more fund­ing, every rand needs to be chan­nelled for its in­tended pur­pose – to as­sist the fi­nan­cially chal­lenged.

Proper ac­count­ing meth­ods need to be im­ple­mented to keep track of amounts paid. The staff need to be prop­erly trained and have the req­ui­site ac­count­ing and nu­mer­acy skills so that they can ex­e­cute their tasks con­fi­dently.

This must must never be al­lowed to hap­pen again. VI­JAY SURUJPAL


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