South Africa’s Gordhan Determined to Resist Pressure to Resign
- Finance Minister reported to be summoned by police unit
- Gordhan appointed to position after rand fell to record
South African Market Reels on Finance Minister Probe
South Africa Finance Minister Pravin Gordhan is determined to stay in his position amid speculation a police probe and his failure to oust senior government agency officials will force him to resign, a person familiar with the situation said.
Gordhan on Monday received “correspondence” from the Hawks, an elite investigative police unit, and is taking legal advice, Treasury spokeswoman Phumza Macanda said. The Johannesburg-based Daily Maverick website reported on Tuesday that the finance minister and four former tax agency officials had been asked to report to the Hawks’ office on Thursday because of allegations he oversaw an illicit unit test up to spy on politicians when he ran the state tax agency. The Hawks declined to comment.