R3.4bn in UIF TERS monies returned, Phase 2 of Follow the Money project to start in July.

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Unemployment Insurance Fund (UIF) commissioner Teboho Maruping says R3.4-billion has been voluntarily returned to it by employers that irregularly benefitted from the Covid-19 Temporary Employer-Employee Relief Scheme (TERS).

The first phase of the UIF's Follow the Money project determined that R14.1-billion was disbursed through Covid-19 TERS, of which R12.8-billion was deemed as accurate payments.
30 Jun 2022 4AM English South Africa Business News · Investing

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