"The story of Molefe’s pension fund woes is an example of how wrongdoing, at best, and possible criminality, at worst, spirals out of control when aided by lax controls and ill-equipped, incompetent officials".- Depending on who you are of course. These "mistakes" are only ever made in favour of the powerful and well -connected.  What do you want to bet that they are NEVER made in favour of low or mid-level workers? The letter of the law is always applied acutely and exactly so that these corporates or their pension funds get away by paying the minimum to the honest Joes who work for 30+ years...