UIF employs forensic auditors in drive to follow Covid-19 Ters payments

More than 360 forensic auditors deployed by the Unemployment Insurance Fund (UIF) have started knocking on the doors of employers who benefited from the Covid-19 Temporary Employer-employee Relief Scheme (Ters) in 2020.

They have been employed to examine the companies’ financial records, verify the authenticity of their claims and confirm if the correct amounts were paid to workers at the right time. 

“The UIF has enlisted the services of seven companies with auditing, accounting and forensic investigation expertise to implement phase 2 of its 'follow the money' project which got underway in July 2022,” UIF spokesperson Trevor Hattingh said.

The project also entailed ensuring funds were not abused by employers and employees for whom claims were made were employed.

The audit companies enlisted are:

• The Accounting Village;
• NKS Chartered Accountants;
• Inqaba Kadiya Consulting;
• Leolo and Partners Chartered Accountants;
• Morobi Chartered Accountants;
• Ndemex Business Solutions; and
• Ligwa Advisory Services.