DA demands answers and recovery of stolen funds from Guardians Fund
19 June 2023
The DA is deeply concerned about the recent reports of an R18 million theft from the Guardians Fund in April.
The Guardians Fund, established to manage money on behalf of individuals who are legally incapable of managing their own affairs, including minors, unborn heirs, and missing persons, plays a crucial role in protecting the interests of some of South Africa's most vulnerable individuals.
It has come to light that payments from the fund have been suspended by the Department of Justice as they explore alternative and safer payment processing methods. In the interim, the fund's payment system has been switched off to prevent further fraudulent transactions. While it is necessary to take measures to address the issue of theft and protect the fund's assets, the suspension of payments has caused significant hardships for individuals who rely on these funds for essential needs such as school fees, medical bills, accommodation, and other necessary expenses.
Furthermore, there are reports that individuals owed money by the Guardians Fund have been denied access to their funds, with the Department of Justice failing to provide reasons for these delays. This lack of transparency and accountability exacerbates the burden on vulnerable individuals who are already facing immense challenges.