A puzzle of debt: former RAF CFO questions rationale for accounting shift
The Road Accident Fund’s former chief financial officer says even he struggled to understand why the Fund changed its accounting standard.
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RAF inquiry | ‘You can’t fix liabilities through accounting’
Treasury says the RAF must address its claims and payments processes, not try to manage its massive liabilities by changing accounting standards.
RAF board may ditch costly court fight over accounting standards
The Road Accident Fund board is taking steps to address deep-rooted governance and financial issues – from executive suspensions to tightening legal oversight – but Parliament is questioning whether it’s too little, too late.
