Government Department

National Treasury

R9.0 billion

total financial exposure

operational

Fiscal authority responsible for approving accounting policy changes for state entities. Did not approve RAF IPSAS 42 switch; RAF proceeded anyway without authorization.

Case themes

SOE Looting1Ghost Workers/Beneficiaries1

Linked Cases

SOE Looting2020

Land Bank Default: First-Ever DFI Collapse Costs Taxpayers R7B+

DocumentedRamaphosa EraNo Action

R7 billion+ (taxpayer bailout on ~R44B institutional debt)

Hidden Liability

3 persone3 instellings3 bronne

Ghost Workers/Beneficiaries2011

Limpopo Ghost Workers: 1,648 Phantom Teachers on the Payroll

DocumentedZuma EraInvestigation

R2 billion

1 persoon3 instellings3 bronne

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