NATIONAL NEWS - The Walter Sisulu University has confirmed that it mistakenly deposited R14 million into a student's account - from the National Student Financial Aid Scheme (Nsfas).
The matter came to light when the student's receipt with a multimillion rand balance was posted on social media and quickly went viral.
The university says the deposit was made five months ago and it's investigating why the student did not say anything. She, though says she reported the matter.
Pictures have also surfaced online showing how the woman splurged on at least one party and luxury goods including a cellphone.
It is understood that she's already spent nearly R400,000.
University spokesperson Yonela Tukwayo says that the deposit was made in error by a company which administers Nsfas funds to student debit cards.
University mistakenly deposits R14 million into student's account
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