NSFAS student beneficiary who blew over R800 000 still receiving financial aid

NSFAS student beneficiary who blew over R800 000 still receiving financial aid

- Just over two months Sibongile Mani a third year accounting student at Walter Sisulu University had blown over R800 000 in NSFAS funds allegedly erroneously disappointed into her account.

-Reports allege that upon receipt of the money Sibongile Mani blew over 20k on prohibited items such as cigarettes and alcohol in just two hours

- So consumed was Sibongile Mani by her windfall that she re-christened herself "Sibongile Money" on her social media account

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In just over two and a half months Sibongile Mani's spending was getting close to a million rands. She had allegedly blown R818 469 in just 73 days and now she is in court to answer charges of theft. The trial failed to take off after the defence led by her lawyer Asanda Pakade requested for more time to study the docket and charge sheet. It has been postponed to October 25 because of a congested court schedule. Meanwhile, despite the theft charge Sibongile Mani was still allocated an estimated R100 000 by NSFAS this year.

NSFAS student beneficiary who blew over R800 000 still receiving financial aid

Sibongile Mani trial postponed to October over alleged theft of blowing 800k in NSFAS funds. Picture by destiny.com

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Briefly.co.za gathered that of the money allocated to her of R14,1 million she was only meant to receive R1 400 for food allowance. According to the Times Live, Mani is accused of failing to report the alleged “error” and instead blew R810‚000 in 73 days. Between June 1 and August 13‚ she spent an average of R11 000 day. She is scheduled to appear in court on the 25th and she is still receiving financial assistance from NSFAS.

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Source: Briefly.co.za

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