Troubles at the Road Accident Fund

Despite facing threats of being wound up, the Road Accident Fund says such a move will be impossible. Chief executive Collins Letsoalo says the only way for the entity to be disbanded is either by way of liquidation or by abolishing it, is for the legislature to amend or repeal the RAF Act. The liabilities of the fund have exceeded income since the early 1980s, and claims ranging between R13bn and R17bn still have to be paid. The fund CEO speaks to Jeremy Maggs on this. Courtesy #DStv403