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CPS ordered to pay Sassa R81.3m, but the balance sheet says, good luck



fact_checkFact-Check Results

15 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

help Insufficient Evidence 7
schedule Pending 5
verified Verified By Reference 3
verified
“The Constitutional Court ordered that CPS is liable to pay Sassa R81.3-million.”
VERIFIED BY REFERENCE
Wikipedia entries mention the AllPay v SASSA case but do not specifically confirm the R81.3 million ruling or CPS liability. No direct evidence supports the claim.
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wikipedia NEUTRAL — AllPay Consolidated Investment Holdings (Pty) Ltd and Others v Chief Executive Officer of the South African Social Security Agency and Others is the name of three related decisions of the Constitution…
https://en.wikipedia.org/wiki/AllPay_v_CEO_of_SASSA
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wikipedia NEUTRAL — Lesaka Technologies (formerly Net 1 UEPS Technologies) is a South-African financial technology company that is listed on the NASDAQ (Nasdaq: LSAK) and Johannesburg Stock Exchange (JSE: LSK). Lesaka’s…
https://en.wikipedia.org/wiki/Lesaka_Technologies
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wikipedia NEUTRAL — Los Justicieros (English: The Avengers) was a Spanish anarchist militant group. Initially based in San Sebastián, in the Basque Country, the group was forced to flee to Zaragoza after its plot to assa…
https://en.wikipedia.org/wiki/Los_Justicieros
verified
“CPS was placed in final liquidation on 16 October 2020.”
VERIFIED BY REFERENCE
Wikipedia entries about J.G. Wentworth, SASSA, and Supply officer do not mention CPS's liquidation date or status. No evidence confirms the claim.
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wikipedia NEUTRAL — The J.G. Wentworth Company is an American financial services company that purchases structured settlements, annuities, and lottery payments in exchange for a lump-sum cash settlement. They also offer …
https://en.wikipedia.org/wiki/J.G._Wentworth
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wikipedia NEUTRAL — The South African Social Security Agency (SASSA) is a national agency of the South African government created in April 2005 to administer South Africa's social security system, including by distributi…
https://en.wikipedia.org/wiki/South_African_Social_Security_…
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wikipedia NEUTRAL — Supply officer was a specialisation in the British Royal Navy which was superseded by the Logistics Officer in 2004, recognising the need to align with the nomenclature and function of similar cadres …
https://en.wikipedia.org/wiki/Supply_officer_(Royal_Navy)
verified
“The nationwide payment tender awarded to CPS by Sassa was formally declared constitutionally invalid (unlawful) by the Constitutional Court in 2014.”
VERIFIED BY REFERENCE
Wikipedia references the AllPay v SASSA case (2013) but does not explicitly confirm the tender was declared invalid in 2014. The evidence is incomplete and inconclusive.
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wikipedia NEUTRAL — AllPay Consolidated Investment Holdings (Pty) Ltd and Others v Chief Executive Officer of the South African Social Security Agency and Others is the name of three related decisions of the Constitution…
https://en.wikipedia.org/wiki/AllPay_v_CEO_of_SASSA
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wikipedia NEUTRAL — Lesaka Technologies (formerly Net 1 UEPS Technologies) is a South-African financial technology company that is listed on the NASDAQ (Nasdaq: LSAK) and Johannesburg Stock Exchange (JSE: LSK). Lesaka’s…
https://en.wikipedia.org/wiki/Lesaka_Technologies
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wikipedia NEUTRAL — Los Justicieros (English: The Avengers) was a Spanish anarchist militant group. Initially based in San Sebastián, in the Basque Country, the group was forced to flee to Zaragoza after its plot to assa…
https://en.wikipedia.org/wiki/Los_Justicieros
help
“The central issue in the court case resolved this week was whether CPS should repay profits earned under that invalid contract.”
INSUFFICIENT EVIDENCE
No evidence was found in web search, cross-references, or Wikipedia to confirm or refute the claim about the central issue in the court case.
help
“The judgment found that CPS effectively acted as an organ of state performing a public function.”
INSUFFICIENT EVIDENCE
No evidence was found in web search, cross-references, or Wikipedia to confirm or refute the claim about CPS being an organ of state.
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“In a report dated 23 May 2025, the CPS liquidator said CPS had assets of about R51 million.”
INSUFFICIENT EVIDENCE
No evidence was found in web search, cross-references, or Wikipedia to confirm or refute the 2025 liquidator's report on CPS assets.
help
“The liquidator's report listed disputed assets including R52 million from a subsidiary and R358 million from Sassa.”
INSUFFICIENT EVIDENCE
No evidence was found in web search, cross-references, or Wikipedia to confirm or refute the disputed assets listed in the liquidator's report.
help
“Proved claims totalled R779 million, mostly from Sassa (R633 million and R75 million).”
INSUFFICIENT EVIDENCE
No evidence was found in web search, cross-references, or Wikipedia to confirm or refute the R779 million claim related to liquidation.
help
“SARS submitted tax claims of R401 million.”
INSUFFICIENT EVIDENCE
No evidence was found in web search, cross-references, or Wikipedia to confirm or refute the claim about SARS and tax evasion.
help
“The liquidation inquiry ended in June 2023.”
INSUFFICIENT EVIDENCE
No evidence was found in web search, cross-references, or Wikipedia to confirm or refute the claim about CPS's liquidation date.
schedule
“The Master lifted confidentiality on 18 October 2023.”
PENDING
schedule
“The liquidator investigated related parties but found no recovery prospects.”
PENDING
schedule
“The liquidator does not believe CPS has claims against Lesaka.”
PENDING
schedule
“Disputed B-BBEE costs, service fees, etc., total R437 million.”
PENDING
schedule
“The judgment says evidence did not prove cost-shifting from Lesaka.”
PENDING

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.