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Scorpio: The Makwakwa Dossier, Part 3 – Why SARS No 2’s erratic spending pattern raised red flags with Financial Intelligence



Jonas Makwakwa – in charge of SARS’ key revenue generating units – seemingly struggles to manage his own finances. We know this because Scorpio has seen the financial statements of Makwakwa’s primary bank account for the years 2014 to 2016. His expenses often outweighed his income – in three months Makwakwa spent about three times more than the salary he gets from SARS, our analysis of his financials show. Reporting a series of suspicious deposits into this account in 2017, the Financial Intelligence Centre (FIC) found that Makwakwa had grown...

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Published By: dailymaverick - Thursday, 7 December, 2017