The South African Social Security Agency Sassa and Postbank are embroiled in a tense dispute over the cancellation of a long-standing agreement that made Postbank Sassas primary disburser of grants.
This comes after Postbank last week threatened Sassa with a lawyers letter over an outstanding R116m debt Sassa owes it, which the agency refuses to pay.
Sassa has cited concerns raised by the auditor-general AG over the legal standing of the agreement. It has also questioned the legality of a special dispensation given to Postbank to disburse Sassa grants, given that the same opportunity has not been granted to other major banks.
