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RAF CEO Collins Letsoalo Suspended Amid Corruption Probe

May 28, 2025
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RAF CEO Collins Letsoalo Suspended Amid Corruption Probe
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Collins Letsoalo, CEO of the Road Accident Fund (RAF), has been placed on temporary suspension following corruption allegations related to a R79 million office lease agreement. The suspension comes as the Special Investigating Unit (SIU) examines possible irregularities in the leasing of the RAF’s Johannesburg headquarters.

According to sources, a preliminary SIU report suggests Letsoalo may have influenced a bid committee to favor Mowana Properties in the lease deal. The probe was reportedly triggered by a whistleblower complaint to the Public Protector, which also raised concerns over tenders for cleaning, security, and legal services awarded during Letsoalo’s tenure.

Letsoalo has denied any wrongdoing, dismissing the investigation as a “fishing expedition” and maintaining that the lease agreement was above board, motivated by safety and cost considerations. He attributed the allegations to a disgruntled former employee.

This development follows Letsoalo’s own previous warnings about systemic fraud at the RAF, including fraudulent claims by law firms that have strained the fund’s resources. The SIU recently recovered R318 million in duplicate payments, highlighting ongoing challenges at the institution.

Neither the RAF nor the SIU has officially commented on the suspension. As investigations proceed, stakeholders await further clarity on Letsoalo’s future and the organization’s next steps in addressing governance concerns.

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South Africa Reviews Electricity Pricing to Ease Burden on Households

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Suspended Lieutenant General Francinah collected R6.6 million salary amid misconduct investigations

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Malema Reveals Details of Nkandla Meeting: “I Tried to Stop July Unrest”

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August 1, 2025
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South Africa Reviews Electricity Pricing to Ease Burden on Households

August 1, 2025
Suspended Lieutenant General Francinah collected R6.6 million salary amid misconduct investigations

Suspended Lieutenant General Francinah collected R6.6 million salary amid misconduct investigations

August 1, 2025
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South Africa Spends R171 Million on VIP Protection Over Five Years

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