UIF warns Durban companies dodging Covid fund auditors
A stern warning
has come through to company directors in Durban who benefited from Covid-19
TERS relief funds which are dodging forensic auditors.
The Unemployment Insurance Fund says it's coming for them.
"Some of these measures will include freezing of bank accounts and company accounts and also freezing of the director's details,” UIF Commissioner Teboho Maruping says.
Maruping says their auditors made arrangements with businesses to visit to check if the TERS funds were paid out to workers.
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He says some companies in Durban were evasive and chose not to cooperate.
"We have experienced disturbing tactics from companies in the Durban areas as we were going about our audits."
"We are calling all companies to use the opportunities to demonstrate that they are good corporate citizens and also to exonerate themselves from any suspicions of wrongdoing. It is our view that company directors who try to frustrate us are showing the worst kind of disrespect to workers."
