Great North Transport (GNT), a Limpopo government entity, has announced the completion of investigations into the alleged mismanagement of workers’ pension funds, totaling over R300 million.
The disappearance of these funds has left more than 2000 retired and former employees awaiting their pension payouts. However, GNT spokesperson Patrick Monkoe has stated that they have initiated payments for some former employees.
Monkoe says, “As far as the payment of pensions is concerned, at the beginning of the period we had about 1 163 members that were eligible to get their pension payout.”
“From October 2022, we have been able to pay about 787 people by the end of June 2022. A new company was brought in, and as of this year, we were able to pay a hundred and something. We are left with above two hundred and something people that we are tracing,” adds Monkoe.
Great North Transport workers demand pension payouts:
