Today's Labour News

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SARSBusinessLive reports that the charge sheet presented to suspended SA Revenue Service (SARS) commissioner Tom Moyane indicates that he actively impeded the investigation into unusual and suspicious transactions in the bank account of his second in charge.  

This had been identified in a Financial Intelligence Centre report.  It revealed that Jonas Makwakwa was permitted to return to SARS despite unanswered questions in the findings of the investigation conducted by audit firm PwC into the specific unusual and suspicious transactions.  President Cyril Ramaphosa, who suspended Moyane in March, indicated that he had lost confidence in the commissioner over his handling of the Makwakwa matter.  Moyane faces charges of misconduct in violation of his duties and responsibilities linked to his handling of the allegations against Makwakwa, making unauthorised bonus payments, misleading Parliament and instructing a SARS official not to co-operate with an inquiry by audit firm KPMG.  His legal team is preparing a possible approach to the courts to challenge the disciplinary inquiry, his attorney indicated on Sunday.  Before his suspension, Moyane wrote to Ramaphosa threatening court action.  He also requested that the president "urgently" set up an inquiry into the running of SARS.

  • Read this report by Natasha Marrian in full at BusinessLive

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