NSFAS officials ‘broke procurement laws’ to secure R177m Foreshore lease – Auditor-General

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The Halyard Building (left) on the Foreshore in Cape Town. (Jaco Marais/Netwerk24)

The Auditor-General (AG) has red-flagged a R177-million, five-year lease deal the beleaguered National Student Financial Aid Scheme (NSFAS) signed for Foreshore office space in the Cape Town CBD.An AG report sets out that officials trampled on the scheme’s supply chain regulations to seal the deal, News24 can exclusively disclose.The hard-hitting report comes at a time when all eyes…



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