DTEF launches audit to chase �fugitive� billions

The Department of Tertiary Education Financing (DTEF) has launched an audit to track down all beneficiaries of government tertiary education sponsorship, as desperation grows over the chances of recovering the more than P2.4 billion still in the wind.

The audit represents the Department’s last hopes, as its other attempts have been foiled by the absence of information on beneficiaries and the institution’s lack of legal grounds to pursue payment or prosecution of culprits.

DTEF director, Josephina Ntshinogang said as government coffers shrink, the Department was in a race to recover outstanding student loans. However, the process is complicated by numerous challenges.

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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