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Road Accident Fund CEO, Collins Letsoalo, says the biggest payout ever made by the fund was to a foreign national

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Road Accident Fund CEO, Collins Letsoalo says the fund's short-term debt has been lowered to R8,2 billion from an initial R19 billion when he and his team took over. Letsoalo clarifies that short-term debt is money owed to claimants which cannot be paid by the fund. Collins has been addressing the media where he gave an overview of the fund's annual performance results. Collins also says the fund has also made significant savings by lowering legal payment costs... 

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