The great Sassa swindle – Postbank theft of R89.4m via social grant system kept under wraps
Unknown individuals, most likely working from inside the aspiring state-owned Postbank, stole millions through the social grant system late last year. The breach, which has been kept a secret, is the second time the Sassa payment system has been compromised since Postbank took charge of the social grant payment system in 2018.
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