GROUNDUP : Concourt orders CPS to hand over documents showing social grant profits

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Freedom Under Law has accused CPS of under-reporting its profits by R800-million.

The Constitutional Court has ordered Cash Paymaster Services to furnish chartered accountants Rain with all the documents required to conduct a proper audit of the firm’s illegal contract for the payment of social grants on behalf of government.at the behest of Freedom Under Law which has accused CPS of under-reporting its profits by R800-million.

After the 2014 ruling, the contract was extended to prevent chaos in the distribution of social grants, until SASSA was in a position to do the job itself by 2017. But at the 11th hour, then social development minister Bathabile Dlamini approached the court to have the contract extended again saying it was still not ready.

SASSA, in turn, had to obtain an independent audited verification of the statement and submit it to the treasury for approval. SASSA appointed Rain chartered accountants and in November 2019, it filed a report with the court. The court said the application was, in the main, not opposed and it was not necessary to set out detailed reasons for granting most of the relief sought by FUL.

 

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JvanLogg Bathabile part of RET & CPS is it not white owned & foreign? White monopoly capital narrative was not followed in this instance.Hmmm

Yes Where's that R 316 million CPS was supposed to repay OfficialSASSA?

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ConCourt orders CPS, KPMG, Mazars to provide financial statements for social grants contractThe ConCourt has ordered Cash Paymaster Services (CPS), formerly hired by the SA Social Security Agency (Sassa) to pay social grants, and auditing firms KPMG and Mazars to provide financial statements and documents to verify the service provider’s profits.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

ConCourt orders CPS, KPMG, Mazars to provide financial statements for social grants contractCash Paymaster Services allegedly under-declared its profits by about R800m. Iyooo....Is Bathabile listening How much did Bathabhile get from that I wonder
Source: TimesLIVE - 🏆 28. / 59 Read more »

Freedom Under Law welcomes ruling directing CPS to produce financial statementsFreedom Under Law (FUL) has welcomed the Constitutional Court order directing Cash Paymaster Services (CPS) and auditing firms KPMG and Mazars to provide financial statements and documents to verify the service provider’s profits. I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent DennisWilliam56 who guided me and help me make a living through bitcoin with my LUNO app , I recommend you to meet him now and also be a beneficiary of good work Help me thank Jasonmac101 for his good work on my family through bitcoin investment... After seeing different testimonies I decided to try him and he really surprised me when I recieved profits... You can trust Jason I swear
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Freedom Under Law welcomes ruling directing CPS to produce financial statementsFreedom Under Law has welcomed the ConCourt order directing Cash Paymaster Services and auditing firms KPMG and Mazars to provide documents to verify the service provider’s profits. The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of Kellybrian_ I've been earning $ 23k weekly I've never regretted this decision. 🙏🏻🙏🏻 The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of Kellybrian_ I've been earning $ 23k weekly I've never regretted this decision. 🙏🏻🙏🏻
Source: TimesLIVE - 🏆 28. / 59 Read more »

ConCourt orders CPS to file all records relating to its illicit profits - The Mail & GuardianThe constitutional court on Thursday ordered Cash Paymaster Services to give an auditing firm full access to its records to allow a determination and reimbursement of all profits it earned from its unlawful contract with Sassa. I remember an article back in 2012 that said 'Tokyo Sexwale fingerprints all over sassa tender.' I just hope whoever is fighting for this tender will do good ngoba uyalwa struu 🤞🏾
Source: mailandguardian - 🏆 2. / 92 Read more »