Sars shenanigans could see Moyane out in the cold

Resigned. Jonas Makwakwa tendered his resignation at Sars following reports of impropriety.

This follows reports that Moyane could be leaving Sars soon due to shenanigans at the Tax Office and the Cabinet has been made aware.

The media brief by Moyane, on Wednesday was to announce the resignation of his second in command Jonas Makwakwa with immediate effect.

Makwakwa has been accused for not declaring to Sars on the appointment of National Integrated Credit Solutions.

The problem came when it emerged that NICS was still appointed despite having links to payments to Makwakwa’s personal account.

The Financial Intelligence Centre (FIC) traced the money back to a payment from the Department of Water and Sanitation to NICS. That payment eventually ended up as part of around R1.2 million that was paid to Makwakwa over a six-year period.

Earlier this week Sars claimed that Makwakwa had not declared any relationship with NICS. Makwakwa also failed to declare that he had previously been a director at the company where the money ended up before it was paid into his personal account.

President Cyril Ramaphosa announced during his maiden state of the nation address an inquiry into the running of SARS‚ but insiders said that Moyane’s handling of the Makwakwa matter could see him out of office even before the inquiry begins, according to Business Day.

It is understood that there are discussions taking place about an “interim commissioner” to take over from Moyane‚ with speculation that former deputy finance minister Mcebisi Jonas could take up this post.

Chairman of Parliament’s portfolio committee on finance Yunus Carrim‚ reacting to Makwakwa’s resignation‚ expressed concern about the “unacceptable way” SARS had managed the matter.

Moyane concluded his address by admitting that the revenue service had learned “valuable lessons” from the Makwakwa saga.

Biting time? In the firing line Tom Moyane could be out in the cold sooner than expected.

With Makwakwa now finally out, his tax records will be made available to Parliament.

Interestingly, at some of the Sars branches we went to for the company’s financial year end tax filing, the face of Moyane was no were to be found, except of Pres Ramaphosa.

Related posts

Gauteng Tourism activates Vosloo Boulevard


TV blackout did not deter runners, organisers of the popular Soweto Marathon


CoJ revisit the economical advisory JBF


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.