Creecy dissolves beleaguered RAF board
Transport Minister Barbara Creecy has dissolved the Board of Directors of the Road Accident Fund.
The decision follows persistent governance and operational crises at the entity, significantly undermining its ability to carry out its mandate.
The board suspended RAF chief executive officer Collins Letsoalo in May, citing serious allegations of financial mismanagement and corruption.
A statement from the department lists protracted and costly litigation pursued by the RAF on the application of accounting standards, the inconsistent and, at times, “reckless” handling of Letsoalo’s suspension, and deep divisions within the board, among others.
Creecy has also asked the Special Investigating Unit (SIU), which is probing the RAF for alleged corruption and maladministration, to establish if the current investigation under Proclamation 44 of 2024 covers the events of the last three months.
If not, she has formally requested the expansion of the scope to cover these events.
Among the interventions instituted by the transport minister is the appointment of an advisory committee to help develop a sustainable operation and governance model, as well as starting the recruitment process for a new board.
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