Natasha Marrian Deputy editor: Financial Mail

The Hawks have concluded their investigation into the R1.2m in suspicious and unusual transactions in the account of former SA Revenue Service (Sars) executive Jonas Makwakwa, which were identified in a Financial Intelligence Centre report. Makwakwa was the de-facto second in charge under former commissioner Tom Moyane, with 22 years of experience at the tax agency and in the powerful position as head of business and individual taxes, before his resignation earlier in 2018. Hawks spokesperson Hangwani Mulaudzi confirmed on Thursday that the docket was handed to the National Prosecuting Authority (NPA) on November 13. Makwakwa was suspended by Sars in 2016 after revelations of the transactions emerged in a Sunday Times report. Moyane had received the report in May 2016, but acted on it only in September after reports about it in the media. Makwakwa resigned from Sars in February after it emerged that a company channelling funds into his account — identified in the FIC report — was ap...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now