Treasury followed failed pay system processes - DG

National Treasury has come under attack for a R1 billion Integrated Financial Management System (IFMS) that was never implemented.

Parliament's Standing Committee on Public Accounts (Scopa) heard this week that R1 billion was spent in the first phase of the project and R1.2 billion in the second phase.

National Treasury Director-General Dondo Mogajane says the project actually dates back to 2002, with then finance minister Pravin Gordhan at the helm.

The then minister of finance [Gordhan] decided to conceptualise this and understood that an integration of financial management systems was an issue. Something had to be done about it.

Dondo Mogajane, National Treasury Director-General

We then went to Cabinet in 2005, which approved the IMFS project. There are two phases here, IMFS one which dates back to 2005 to around 2013 and IMFS two began in 2013 to date.

Dondo Mogajane, National Treasury Director-General

Mogajane said it was important to note that integration was very critical at the time.

Speaking to 702 stand-in breakfast host Stephen Grootes, he said that R1.49 billion was spent for the first IMFS phase.

He admits to having experienced challenges and goes on to refute claims that public resources were misused.

Mogajane says in 2013, they approached Cabinet, presenting their integration challenges.

We then went to the World Bank and Ernst & Young who then helped them conceptualise IMFS two, the director-general says.

The reality is that all the companies and consultations in IMFS were procured legally.

Dondo Mogajane, National Treasury Director-General

If there is corruption in the organisation, we will deal with it.

Dondo Mogajane, National Treasury Director-General

Take a listen to the sound below:

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Looks like Matshela Koko is still running the show - Karima Brown

Looks like Matshela Koko is still running the show - Karima Brown

The disciplinary hearing against the suspended Eskom Acting CEO underwent a second false start on Monday.

[LISTEN] Dlamini-Zuma support is strong within the ANC - Zikalala

[LISTEN] Dlamini-Zuma support is strong within the ANC - Zikalala

Sihle Zikalala has reaffirmed his support for presidential candidate Nkosazana Dlamini-Zuma.

Words you will hear today:  Ska ba forgiva, ska ba fa chance

Words you will hear today: Ska ba forgiva, ska ba fa chance

The Breakfast Show team share some of their biggest words for 2017.

Death toll in Somalia attack likely to rise, bodies being dug up

Death toll in Somalia attack likely to rise, bodies being dug up

At least 263 people were killed by twin bomb explosions in the heart of Somalia’s capital Mogadishu, doctors said on Monday.

Meet Dondo Mogajane, the new Treasury Director-General

Meet Dondo Mogajane, the new Treasury Director-General

Who is Dondo Mogajane? Argon Asset Management’s Dr Thabi Leoka and former Treasury Deputy DG Andrew Donaldson tries to answer.

New finance ministry DG Dondo Mogajane is the right man for the job - economist

New finance ministry DG Dondo Mogajane is the right man for the job - economist

Peter Attard Montalto explains why Mogajane, who has been the acting director general since May, will help shore up Treasury.

Popular articles
Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Makhabane says Ncwane was feeling weak yesterday and his wife phoned paramedics to check on him.

14 job titles that callers can't take seriously

14 job titles that callers can't take seriously

People do some very interesting things for a living, but some job titles are given more credit than others.

Pamela Nomvete on her downfalls as actress, and 'climbing back'

Pamela Nomvete on her downfalls as actress, and 'climbing back'

This week Xolani Gwala's speaks to former Generations actor Pamela Nomvete for #WhatInTheWorldHappenedTo feature.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?