War Against SA Treasury Will Get Worse, Report Says


Considering the recent moves by SA individuals to protect the treasury from the claws of some corrupt and self-centered politicians, recent report say the SA Treasury will face more wars than it has faced in the recent past.

Report has it that the National Treasury will still be faced with tough times ahead as senior members of the ruling African National Congress (ANC) are passionate about getting hold of the state’s financial control powers.

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City Press papers noted that a number of ANC top ranked members want to control the procurement processes, and are seeking to change the reporting line of officials within the government arm.

It is understood from the report, that the ANC sees the minister in charge of the Treasury as too powerful even for the presidency to control when it comes to denying requests for money.

This comes to view following recent investigation of the Finance Minister by the Hawks and the mineral resources minister Mosebenzi Zwane’s suggestion that the country’s Fica rules be re-evaluated.

The Fica rules grant Treasury and the finance minister Pravin Gordhan much of its power to decide when to and when not to dish out the state finance.

Zwane’s proposed Fica changes – that would give more power to Treasury and banks to prevent money laundering – still lay on the president’s table without a presidential signature since the month of May.

The paper reported that one of the key changes the ruling party looks out for is Treasury’s chief procurement officer, Kenneth Brown, to report directly to the president, not the finance minister.

The party is believes that the finance department is putting to a halt, the party’s plans for development and transformation in the country.

Meanwhile, a high-ranked officials that spoke to the City Press said that SA Treasury has long been captured.

“If you want to take charge of government in South Africa, the first point of entry is Treasury. It makes the rules,” they said.

Also See: Minister Zwane Loves And Serves The Guptas Better Than His Job And SA- DA

Though the war between the Finance Minister is still on,  a number of citizens believe it’s all a poly by the president and other bigwigs to unseat the minister and take control of the department for their selfish purpose.

However, the minister maintained that he would not be moved by the current case against him and that he would see to it that the SA treasury is protected even if it will cost him his life.