Gigaba directs Treasury to conduct forensic probe into Tegeta report | Fin24
 
In partnership with
  • Money Flows

    About 3 000 super-rich have left SA in the past 10 years, according to a new report.

  • Nelson Mandela

    Madiba would have been alarmed at the polarisation and hate speech in SA, says Derek Hanekom.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

Loading...

Gigaba directs Treasury to conduct forensic probe into Tegeta report

Aug 04 2017 15:59
Matthew le Cordeur

Cape Town – Finance Minister Malusi Gigaba has directed National Treasury to undertake a forensic investigation into the Tegeta report, his office said on Friday.

The report refers to coal contracts between Tegeta Exploration and Resources - owned by the Guptas and President Jacob Zuma's son Duduzane - and Eskom.

He also confirmed that a report on Tegeta he sent to the Standing Committee on Public Accounts (Scopa) in June was the final report.

This follows a letter by Gigaba to Scopa chair Themba Godi dated July22, in which Gigaba sought to withdraw the report. He said it was not the final report, which he said would be submitted after July 30 or after “Treasury has finalised it”.

However, he said on Friday that the original report sent to Scopa still stands.

“Treasury has reviewed the enforceability of the report and the report sent to Scopa still stands,” Treasury said.

Furthermore, Gigaba said he instructed Treasury “to undertake a forensic investigation into the Tegeta report”.

He said Treasury director-general Dondo Mogajane had “signed off for the forensic investigation on the 26th of July 2017”.

Gigaba said that governance and accountability at State Owned Enterprises remained a priority.

tegeta  |  treasury  |  malusi gigaba
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Do you think government can solve the Eskom crisis?

Previous results · Suggest a vote

Loading...