This is only one of various examples of reckless and wasteful expenditure SASCO has incurred with the SRC-budget of more than R4.1 million.
According to a financial report released by the SRC, R600 000 was paid to the SRC’s My Mandela Fund. This fund aims to aid senior students to clear their student debts. The fund however mostly does not even reply to applications and some students had to leave the institution.
Furthermore, the yearly Intervarsity event could not take place as the SRC is broke.
Some of the other ridiculous expenses the SASCO-led SRC admitted to are:
- R200 000 was spent on the hiring of cars, booking of accommodation and purchase of food and alcohol; and
- R100 000 was allocated to a student parliament that was only attended by 50 people
Every student pays a levy that constitutes the SRC budget and therefore all students have the right to know how the SRC spends their money.
DASO has made numerous attempts to retrieve the SRC Financial Statements from the NMU Student Governance Department, but to no avail. This budget must be made available immediately.
This budget could have been used to assist students with:
- meal allowances;
- book and transport allowances;
- improvement of the shuttle system; and
- sanitary products
The University must release the SRC financial statements and institute an audit in the next seven days to hold people accountable. NMU must also ensure stricter measures of accountability when it comes to students money.
DASO continues to fight for no student to be left behind.
Hlomela Bucwa MP
DASO EC Constituency Leader
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