South Africa
Fraction of RAF funds reach accident victims─── 08:19 Tue, 27 Apr 2021
For every rand you paid towards the Road Accident Fund when filling up with petrol, only 45 cents reaches the pockets of victims of accidents, reports Business Insider.
This was revealed in a response to a High Court order earlier this month.
The fund is currently facing collapse, with a deficit of over R320 billion. It collects approximately R43 billion through a levy on fuel, of which only R26 billion gets paid out.
The remaining R17 billion goes to admin costs, of which, R10.6 billion goes to legal fees.
Moneyweb
