Treasury's Dondo Mogajane issues a dire warning to state officials
Looting has brought nation close to becoming a failed state, Treasury director-general says
Treasury director-general Dondo Mogajane on Wednesday berated public servants for turning a blind eye to the looting of state resources. Mogajane, speaking at a public financial management conference at Gallagher Estate, said the plundering had left the country on the brink of becoming a failed state. But as Mogajane was speaking at the Gauteng event, MPs on the standing committee on public accounts scrapped their scheduled meeting with the Treasury, citing his absence. The meeting in Parliament was set to discuss procurement expenditure in the first quarter of 2018. Its members instructed the Treasury to provide MPs with a report next Friday, detailing deviations and expansions. “We are not a failed state, but we are on the verge of becoming a failed state — and we were party to that,” Mogajane told delegates at the Midrand event. A country is deemed a failed state when its political or economic system becomes so weak that the government is no longer in control. “Investors, lenders...
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