Student's spending spree after flawed N$14m payout

31 August 2017 | International

A Walter Sisulu University student who accidentally received a R14-million payment on her student debit card will be liable after allegedly spending more than R400 000.

University spokesperson Yonela Tukwayo told TimesLIVE on Wednesday that a female student in the Eastern Cape had received the payment about five months ago.

“People started complaining after she started living a very lavish lifestyle‚“ Tukwayo said.

“Some students picked this up from the very lavish lifestyle she started living. We will also be looking into how this money was spent to buy some of the expensive goods‚“ Tukwayo said.

“We don't know how this happened … but she will be held liable to pay back the money she had spent‚“ she said.

Students on financial aid receive money for books and food.

“It was very callous and she did not report the matter immediately. She will definitely be held responsible‚“ she said.

Tukwayo said the university was meeting with the CEO of the company who administered the student debit cards - called Intellicard - and that the university's forensic team would also look into the matter.

Tukwayo added: “It was not a National Student Financial Aid Scheme (NSFAS) mistake. It was an Intellicard mistake and we are not sure how that happened.”

An Intellicard is a financial card used by students who are financed by NSFAS.



TIMESLIVE

Similar News

 

Why China is getting tough on crypto

16 hours ago | International

AFPBeijingCryptocurrency prices have fluctuated wildly in recent weeks as China intensifies a crackdown on trading and mining operations.On Monday bitcoin slumped more than 10 percent...

Ethiopians to vote in ‘first free election’

16 hours ago | International

ReutersADDIS ABABAEthiopians voted on Monday in national and regional elections that the prime minister has billed as proof of his commitment to democracy after decades...

SA 'diamond rush' unearths only quartz crystals

16 hours ago | International

REUTERSJOHANNESBURGUnidentified stones that lured thousands of fortune seekers to a rural South African village to mine the land with picks and shovels were not diamonds...

Zambia’s founding president dies

1 day - 21 June 2021 | International

NAMPA-REUTERS LUSAKAKenneth Kaunda, Zambia's founding president who led his country for 27 years and...

Policeman killed, more than 80 learners abducted in attack...

1 day - 21 June 2021 | International

NAMPA-REUTERSLAGOS Gunmen killed a police officer and kidnapped at least 80 learners and five teachers from a school in the Nigerian...

700 million Africans without sanitation

1 week ago - 15 June 2021 | International

ELLANIE SMITWINDHOEKMore than 700 million people in Africa do not have access to sanitation, resulting in many preventable diseases. This was said by agriculture minister...

Attack on home of senior Niger politician kills guard

1 week ago - 14 June 2021 | International

AFPNiameyA machine-gun attack on the home of Seini Oumarou, president of the National Assembly in Niger, killed one of his guards and seriously wounded a...

Fugitive Chilean colonel arrested in Argentina on human rights...

1 week ago - 14 June 2021 | International

REUTERSBUENOS AIRESPolice in Argentina arrested a retired Chilean army colonel in Buenos Aires on Saturday after he fled neighbouring Chile, where he was convicted of...

To counter China, G7 leaders agree increased climate finance

1 week ago - 14 June 2021 | International

ELIZABETH PIPERCARBIS BAYG7 leaders were expected on Sunday to commit to increasing their climate finance contributions to meet an overdue spending pledge of $100 billion...

PM defends ‘give and take’ reparation deal

1 week ago - 09 June 2021 | International

STAFF REPORTERWINDHOEKPrime Minister Saara Kuugongelwa-Amadhila says the government has achieved ‘significant milestones’ by getting Germany to concede that it committed genocide on Namibian soil, as...

Latest News

Geingob’s vaccination status is unimportant...

16 hours ago | Health

JEMIMA BEUKES AND OGONE TLHAGE WINDHOEKPresidential advisor Alfredo Hengari says questions over when President Hage Geingob is expected to get vaccinated for...

Leadership at core

16 hours ago | People

She is passionate about mentoring and grooming young girlsEnzo Amuele Gift Dapewa Amwaalwa (26) is an aspiring young leader who believes in improving the...

Congo says investor Gertler's permits...

16 hours ago | Economics

Democratic Republic of Congo said exploration permits from companies controlled by Israeli investor Dan Gertler for two huge oil concessions near the eastern border with...

Nigeria could launch pilot digital...

16 hours ago | Economics

CAMILLUS EBOHNigeria's Central Bank is preparing a digital currency pilot that could launch as early as the end of this year, its director of information...

EDITORIAL: Leaders fail to inspire...

16 hours ago | Opinion

It is often said that leaders must know when to lead, when to follow and when to accompany. At the time when leaders from across...

Education ministry talks AS level...

16 hours ago | Education

Elizabeth Joseph On Monday, 14 June, education minister Anna Nghipondoka said for all the schools to successfully implement the AS level as part of...

Photo of the week

16 hours ago | Education

CAPTION: Amid the closure of schools and the announcement of the winter holiday, we are reminded about the educational booklets that help learners remain active...

This week, My Zone set...

16 hours ago | Opinion

Mia Botha It’s definitely self-discipline and the ability to adapt to any situation at hand. You’ll have to be able to focus on what...

South Africa's economy to grow...

16 hours ago | Economics

VUYANI NDABASouth Africa's economy is on track to grow 4.1% in 2021, above recent median forecasts for Sub-Saharan Africa as a whole but not enough...

Load More