South African assets sink after police summon finance minister


  • World
  • Thursday, 25 Aug 2016

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.

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