Treasury investigates 'report' claiming Manuel, Ramos were apartheid agents

Ahmed Areff, News24

Johannesburg - The National Treasury is investigating the origins of a document that purports to be an intelligence report on how top Treasury officials were apartheid agents.

"We are aware of that document. We have seen it and its contents and we are investigating its origins," Treasury spokesperson Phumza Macanda told News24 on Friday.

"We don't think it [the document] is something worth responding to."

Part of the document, which BDLive hosted on its website says that in the early 90s, the "white establishment" felt it was too risky to leave the running of the government solely in the hands of the ANC.

The report said a project was conceived to help the establishment keep control of the Treasury.

This project, according to the document, was eventually codenamed Project Spider Web, and it attracted funding by the Rupert, Oppenheimer and Rothschild families.

It said former Finance Minister Trevor Manuel was involved, and his codename was the "King of Leaves".

Barclays Africa Group CEO, former Treasury director general and Manuel's wife Maria Ramos was codenamed, "Queen of Leaves".

According to BDLive, the document also claims that deputy director-general in the Treasury, Andrew Donaldson, with the codename, "The Emperor" was a strategic planner for apartheid intelligence.

Other top Treasury officials are also reportedly named in the document.

Finance Minister Nhlanhla Nene told BDLive that he at first regarded the document as a joke, but wanted to look into its origins before it caused unnecessary trouble.

BDLive also reported that Nene said he was concerned the Treasury was the next target in an attempt to undermine state institutions.