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UPDATE: SARS CFO confirms he resigned, says there is no conflict with Moyane

12:50 UPDATE:

Cape Town - Matsobane Matlwa confirmed on Friday that he resigned as chief financial officer of the South African Revenue Service (SARS). This followed a confirmation from SARS that he had resigned, following a tip-off Fin24 received on Thursday.

Matlwa told News24 that he had not been suspended or marched out the building, as earlier reported. He said he handed in his resignation last week and met with Moyane beforehand to speak to him about it.

He said he and Moyane were not fighting and the SARS commissioner did not push him away. He did not know where the speculation about his leaving was coming from.

Matlwa said he and Moyane agreed he would work out his notice period at home.

“I always planned to go back to SARS for three years and that period is close to being up. I thought it was time to go. It is a very stressful environment to work in,” he said.

BREAKING STORY at 11:35...

Responding to queries from Fin24 after a source alleged that Matlwa was marched offsite by commissioner Moyane's bodyguards on Thursday and that he had resigned in the meantime, SARS spokesperson Sandile Memela simply said in an emailed response that it "wishes to confirm that chief officer: finance, Mr Matsobane Matlwa has resigned".

On the question of whether Matlwa was indeed marched off the premises, Memela said "however and unless otherwise and or necessary, SARS does not divulge or discuss its employees and related matters between employee and employer in the public domain".

The taxman said Johnston Makhubu, current SARS group executive of procurement, will be the acting CFO.

According to the SARS website, Matlwa is a qualified chartered accountant, holds an MBA from Alabama University in the United States, a masters of commerce (Taxation) from the University of North West and has completed management programmes from the University of Cape Town. 

He has held various strategic roles in both the public and private sectors. Prior to starting his own business, he served as CEO of the South African Institute of Chartered Accountants. He also occupied various senior managerial positions at SARS, including group executive for the Large Business Centre, was general manager at ABSA Finance and an audit partner at Ernst & Young.

He has served on the boards of several companies including Clientele Limited, Spechpharm Holdings, JD Group and Sasol Inzalo Limited.

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