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Standard Bank opposing a lawsuit by RAF beneficiary - SABC News - Breaking news, special reports, world,
Road Accident Fund
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Standard Bank has confirmed that it is opposing a lawsuit by a 33-year-old RAF benefiary.

Standard Bank has confirmed that it is opposing a lawsuit by a 33-year-old Road Accident Fund beneficiary, who recently lost his R2 million payout after his money was allegedly paid into a decoy account.A Vanderbijlpark man’s payout disappeared while being deposited into his nominated trust account.

Neo Moreki was left distraught after he was defrauded of his R2 million Road Accident Fund payout. A 2019 car accident in Klerksdorp left him unable to work.“Due to the accident, I have reoccurring headaches. In winter, my spine and right leg ache frequently. I’m not able to grab or handle a lot of things with my hands and I’m often not able to do anything, especially in winter. And I have four children with two at school and two at creche.

Nobela Attorneys, who claim to have lost the money while transferring it into Moreki’s account, are now suing Standand Bank and its affiliates for the alleged negligent handling of the money. According to the Banking Ombudsman’s 2022 Annual Report, 47 819 banking fraud cases were reported. The Road Accident Fund says it is investigating and might reimburse the victim at the conclusion of the case.

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Road Accident Fund

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