Payment administrator IntelliMali has reimbursed Walter Sisulu University (WSU) the full amount misappropriated by NSFAS “student millionaire” Sibongile Mani out of its own pocket.
IntelliMali has also roped in the services of a forensic investigator to probe how the R14-million ended up in the account of one student.
The company responsible for administering state loans and funds to students, is at the centre of the row over the money paid into Mani’s student voucher card.
Mani blew more than R818000 of her NSFAS windfall on parties, alcohol, designer clothing, air tickets, iPhone 7 cellphones for her and her friends and Peruvian weaves – all in just 73 days.
According to the statement issued at the weekend, the university was grateful for the repayment by IntelliMali.