Fin24.com | Mboweni backs 'intrusive' investigative capacity at SARS, says agency cannot be ...

dodsondigest.com

- dodsondigest.com | 3 months ago

The minister added that, since SARS is a “semi-autonomous revenue authority which determines its own internal organisation”, the tax agency‘s commissioner should be able to provide information on the functions of its units.

  The finance minister noted that the Nugent commission of inquiry into SARS, set up by President Cyril Ramaphosa to investigate the revenue service‘s administration and governance, found in its final report that it could find no reason why the operation of a unit to gather intelligence on illicit trades “even covertly, within limits” was not legal.   “Indeed, SARS must not be a toothless tiger when dealing with tax evasion and illegitimate trades and financial flows,” said Mboweni.

The EFF and its deputy head Floyd Shivambu have in the past been criticised by Treasury and the finance oversight committee for alleging that Momoniat – who often appears at Parliamentary meetings to brief MPs – had a superiority complex which did not allow him to take orders from African seniors.

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