Godongwana makes R426m available for state capture criminal cases

GCIS

A senior National Treasury official has described the conduct of the Guptas and other companies who looted public funds as “treason” and says the government will stop at nothing to ensure their imprisonment. National Treasury deputy director-general Ismail Momoniat told a pre-budget briefing that finance minister Enoch Godongwana had given him “full rights” to engage foreign governments and other international law enforcement bodies to ensure that criminal charges against the Guptas and management consultancy firms, such Bain & Company, were instituted.

Bain last year repaid more than R160m, with interest, in dodgy management fees it had earned from the SA Revenue Service at the height of state capture, during which it played a role in the weakening of the tax institution. “The minister has given me full rights and we'll do anything and everything to get them in jail ... There's talks with outside authorities,” said Momoniat. “They [Bain] can't just get away with a payment; they've got to pay for their criminal intentions. What they committed, I think it's treason.”

Source: News Formal (newsformal.com)

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Godongwana makes R426m available for state capture criminal casesA senior National Treasury official has described the conduct of the Guptas and other companies who looted public funds as 'treason', and says the government will stop at nothing to ensure their imprisonment.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Budget 2022 | Vital for Treasury to reduce debtFinance minister Enoch Godongwana will be making hard trade-offs as he balances competing interests in his maiden budget speech on Wednesday, says Andrew Duvenage, MD of NFB Wealth Management.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Where you can watch the 2022 budget speech liveFinance minister Enoch Godongwana will deliver his inaugural budget speech on Wednesday at 14h00.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

LIVESTREAM: Finance Minister delivers 2022 Budget SpeechFinance Minister Enoch Godongwana delivers his maiden Budget Speech in Parliament on Wednesday.
Source: eNCA - 🏆 49. / 51 Read more »

Budget Speech: Time for Godongwana to officially rid us of e-tollsFinance Minister Enoch Godongwana is expected to make a pronouncement on the e-tolls project. Nobody will condense south africa never good, as enough is enough; and the next time these so-and-so type of investors want to put something together to make loads & loads of money at our expense, then proper due diligence to be done publicly, & well before the ribbons are cut as a done deal. very well done to OUTASA
Source: TheCitizen_News - 🏆 6. / 75 Read more »

State Capture: Zondo commission denies Van Rooyen's claims on rule 3.3 noticeThe commission says it has done nothing wrong and Van Rooyen was served with a Rule 3.3 notice in respect of Dr Dahwa’s affidavit. Voetsek zondo
Source: TheCitizen_News - 🏆 6. / 75 Read more »