South African assets sink after police summon finance minister


South African Finance Minister Pravin Gordhan reacts during a media briefing in Johannesburg, South Africa, March 14, 2016. REUTERS/Siphiwe Sibeko/File Photo

JOHANNESBURG (Reuters) - South African assets slumped further on Wednesday after Finance Minister Pravin Gordhan said he would not appear before police who had requested him to meet them over an investigation into a suspected rogue spy unit in the tax service.

The police had on Monday asked Gordhan and other top officials at the South African Revenue Service (SARS) to meet an officer of the elite unit Hawks on Thursday in relation to contravention of surveillance regulations.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Peru lawmakers gather support to call for debate to oust president Jeri
US, Taiwan finalize deal to cut tariffs, boost purchases of US goods
Ukraine's Zelenskiy: We have backed US peace proposals to get a deal done
China's Sun Long wins silver in men's 1,000m short track speed skating at Milan-Cortina (updated)
Australia opposition elects former energy minister Taylor as new leader, ABC reports
China opens women's curling campaign with victory at Milan-Cortina Games
North Korea says South Korea should take steps to prevent violation of its sovereignty
U.S. stocks close lower
Medal table at Milan-Cortina Winter Olympics on February 12
EU moves to speed up single market, eyes smaller-group cooperation

Others Also Read