INTELLIMALI TAKES FLAK OVER R14M STU­DENT 'LOAN'

Swazi Observer - - NEWS -

JO­HAN­NES­BURG - ANC MPs have put the blame for the mis­taken pay­ment of R14-mil­lion on ser­vice provider Intellimali, say­ing it should have done more to pre­vent a stu­dent loan card from be­ing used in an ir­reg­u­lar man­ner.

Par­lia­ment was briefed on Tues­day on how a stu­dent was paid R14mil­lion in­stead of R1 400 and went on to spend more than R800 000 of it. None of the par­ties in­volved took re­spon­si­bil­ity for the er­ro­neous pay­ment. “For me, hon­estly, it’s the fault of the ser­vice provider," said ANC MP Si­bongile Mchunu. "You were not able to pick up that such an amount was de­posited into the stu­dent's ac­count. We don’t know when did you know?

"We know that for­mer NSFAS em­ploy­ees are now di­rec­tors of Intellimali. I think be­cause they have worked at NSFAS [Na­tional Stu­dent Fi­nan­cial Aid Scheme] be­fore, they should have known bet­ter," Mchunu said Intellimali de­fended it­self, say­ing it had a proven record. In­stead, it was the stu­dent who didn't be­have ap­pro­pri­ately af­ter re­ceiv­ing the money, Intellimali said. "In sim­ple terms, we’d like to state there were no over sight, no er­rors or neg­li­gence by a mem­ber of Intellimali team in up­load­ing the file the stu­dent in ques­tion re­ceived the cor­rect al­lo­ca­tion of R1 400," said Intellimali CEO Michael Ansell. eNCA

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