Summons issued against South African finance minister - radio


  • World
  • Tuesday, 11 Oct 2016

Finance Minister Pravin Gordhan gestures during his address at a business summit in Sandton, South Africa, September 13, 2016. REUTERS/Siphiwe Sibeko

PRETORIA (Reuters) - South African prosecutors on Tuesday ordered Finance Minister Pravin Gordhan to appear in court on Nov. 2 over allegations he broke public finance rules by granting a colleague early retirement, news that sent the rand and share prices reeling.

The currency dropped as much as 3.4 percent against the dollar on the latest legal problems for the finance minister who says he has been the victim of a politically motivated campaign over the last few months.

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