News24 | Caught on tape: NSFAS-contracted company director’s spouse claims he donated R1m for SACP conference

NSFAS board chairperson Ernest Khosa.

NSFAS board chairperson Ernest Khosa.

OJ Koloti/Gallo Images

The husband of a director of one of four companies contracted to pay National Student Financial Aid Scheme (NSFAS) allowances to students, allegedly paid R1 million towards a South African Communist Party (SACP) conference.

This is contained in an Organisation Undoing Tax Abuse (OUTA) report. OUTA has been investigating the direct payment contracts awarded to the four companies – Coinvest Africa (Pty) Ltd, Tenet Technology (Pty) Ltd, Ezaga Holdings (Pty) Ltd and Norraco Corporation (Pty) Ltd – in June 2022.

The report quotes voice recordings of two meetings held in August between NSFAS board chair Ernest Khosa and Thula Ntumba, a Coinvest representative and the husband of one of its directors, Tshegofatso Ntumba. 

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