Gigaba zooms in on Treasury

Gigaba zooms in on Treasury

The Minister of Finance, Malusi Gigaba is looking into reports of financial mismanagement at National Treasury.

Malusi Gigaba_jacanews
Photo: Maryke Vermaak

This follows news reports that an internal Treasury audit into government's Integrated Financial Management System had revealed financial mismanagement.

 

"It is in the interest of clean governance and the fight against corruption that we closely examine any report that is brought to our attention that relates to any claims of irregularity," says Gigaba.

 

Gigaba will be assisted by National Treasury leadership.

 

"Building and maintaining public confidence is key in the work of the National Treasury," says Gigaba.


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Gigaba has, however, reiterated his confidence in the integrity of his predecessors as well as the Directors-General who have served the department.

 

Ministry spokesperson, Mayihlome Tshwete says an investigation was launched before Gigaba was appointed as Finance Minister.

 

"It's just a matter of us continuing the work that has been ongoing and once we conclude that, we will communicate with the public," says Tshwete.


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