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SIU launches bid to cancel NSFAS R111m 'misleading' lease contract
Sunday World
|SW October 19 2025 edition
Court told Nongogo brought someone in to subvert process
Former CEO of NSFAS Andile Nongogo, has been accused by the SIU of manipulating the awarding of a lucrative tender.
The Special Investigating Unit (SIU) has launched a court bid to cancel a R111-million lease contract the National Students Financial Aid Scheme (NSFAS) has awarded to Dynamic SA Holding to accommodate its employees in Cape Town.
The SIU has also accused NSFAS former chief executive officer, Andile Nongongo, of manipulating the awarding of the lucrative tender in favour of Dynamic SA Holding.
This emerged in the papers the unit submitted to the Special Tribunal in Johannesburg, where it seeks to review, set aside and claw back, from the respondents, the money already paid to the entity.
The SIU names the six respondents as NSFAS, Dynamic SA Holdings, Ziningi Properties, the directors of both companies, namely Bheki Dlamini and Robert Edward Alexander, and Nongongo.
Ziningi was the true owner of the building leased to NSFAS hence when the scheme paid rent, most of it passed on to Ziningi.
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