February 22, 2018

South Africa drops corruption charges against Finance minister

South Africa drops corruption charges against Finance minister

South Africa’s chief prosecutor has dropped fraud charges against Finance Minister Pravin Gordhan. Mr Gordhan had described the allegations as without merit and politically motivated. News of the charges earlier this month rattled the financial markets and the South African rand fell more than 3%.

The finance minister was appointed last year after President Jacob Zuma’s preferred candidate lasted just a few days in the job. He is not seen as a close ally of the president and has warned against corruption becoming rampant in South Africa. Read more

Radi8
InnJoo Reborn

We think you'd love these too...

Comments

comments

READ  Nigeria resumes paying ex-Delta militants

Related posts

Share your thoughts.

Loading Facebook Comments ...

Leave a Reply

Your email address will not be published. Required fields are marked *