Parliament, Tuesday, 4 November 2025 – The Standing Committee on Public Accounts (SCOPA) will this week continue with its oversight enquiry into the financial management and related affairs of the Road Accident Fund (RAF).
On Tuesday, a partner at PwC Assurance Division, employee Mr Johan van Huyststeen will testify on the nature of the advice sought by the RAF regarding the changes the fund made to its accounting policy.
The change in accounting policy led to a protracted legal dispute with the Auditor-General (AG) with a full bench of the High Court in Pretoria ruling in favour of the AG, while the Supreme Court of Appeal has on two occasions turned down the RAF’s appeal. Over R10 million in legal fees has been spent by the RAF over the matter.
The committee will also hear from the RAF’s Chief Financial Officer Ms Berenice Potgieter and suspended acting Chief Investment Officer Mr Sefotle Modiba will also testify on the accounting policy, actuarial evaluations and the impact of this on hundreds of thousands of claimants.
On Wednesday, Mr Stephen Msiza will testify on the procurement of close protection services for the former RAF CEO, Mr Collins Letsoalo that exceeded the R480 000 limit set by the Board of the RAF.
Details of the programme are as follows:
DATE | TIME | AGENDA | VENUE |
Tuesday, 4 Nov 2025 | 09h00 – 11h00 | RAF enquiry: presentation and engagement with PwC regarding their role in the technical review, the implications of implementing IPSAS 42 | M514 |
11h00 – 11h15 | Tea break | ||
11h15 – 13h00 | RAF enquiry: RAF Executive Management – Mr S Modiba & Ms B Potgieter | ||
18h30 – 21h00 | RAF enquiry: RAF Executive Management - Mr S Modiba & Ms B Potgieter | ||
Wed, 5 Nov 205 | 09h00 – 11h00 | RAF enquiry: RAF Executive Management – Mr S Msiza | M514 |
11h00 – 11h15 | Tea Break | ||
11h15 – 14h00 | RAF enquiry: RAF Executive Management – Mr S Msiza | ||
18h30 – 21h00 | RAF enquiry: RAF Executive Management – Mr S Msiza | ||
Fri, 7 Nov 2025 | 09h00 – 11h00 | RAF enquiry: Witness – Ian Barriel | Virtual |
11h00 – 11h15 | Tea Break | ||
11h15 – 13h00 | RAF enquiry: Witness – Ian Barriel | ||
ISSUED BY THE PARLIAMENTARY COMMUNICATION SERVICES.
For media inquiries or interviews with the Chairperson, please contact:
Ms Yoliswa Landu
Cell: 081 497 4694
Email: ylandu@parliament.gov.za
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