Hostile Takeover of Treasury!
24 August 2016
Minister of Finance Pravin Gordhan along with former senior officials in the SA Revenue Service (SARS) have been asked to present themselves to the Hawks tomorrow (Thursday) at 10am.
Since returning to the Finance Ministry in December, after the firing of Nhlanhla Nene, Gordhan has held the line against individuals linked to President Jacob Zuma, including SAA's Dudu Myeni, current SARS Commissioner Tom Moyane, and the Gupta family.
The allegations against Gordhan are that when he was SARS Commissioner he set up a “rogue unit” that investigated people for tax and financial fraud outside the limits of the law. Investigating fraud and tax evasion of major corporations and wealthy, powerful people is a basic part of the mandate of SARS. The Hawks were assisted by the Sunday Times in peddling the story that Gordhan and SARS were up to not good – but new Sunday Times editor Bongani Siqoko has apologised for the paper’s involvement in spreading misinformation.
Now Zuma appears to be moving against Gordhan, only days after announcing that he will personally chair a new state-owned entities (SOE) coordinating committee (Presidential SOE Coordinating Council). In other words Zuma has put himself in charge of overseeing SAA, Eskom and many other parastatals. But the money sits with Treasury, so Gordhan remains an obstacle.