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South Africa suspends four top RAF executives over alleged financial misconduct amid ongoing probe.
South Africa’s Road Accident Fund (RAF) has suspended four top executives, including the acting CEO, CFO, chief governance officer, and head of the CEO’s office, on precautionary grounds.
The move, part of an ongoing parliamentary probe, aims to protect the integrity of an investigation into alleged financial mismanagement, governance failures, and improper spending.
The board stressed the suspensions do not imply guilt and are intended to uphold public trust and ensure transparency.
Interim leadership has been appointed to maintain operations and service delivery.
The investigation continues amid concerns over undisclosed liabilities, prolonged claim processing, and questionable legal expenditures.
Sudáfrica suspende a cuatro altos ejecutivos de la RAF por supuesta mala conducta financiera en medio de una investigación en curso.