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Gordhan calls probe against him 'political mischief'

Oct 04 2016 14:25
Tom Keene and Francine Lacqua

Johannesburg - Finance Minister Pravin Gordhan said the police investigation against him is nothing but political mischief and will be resolved soon.

"As far as the so-called investigation is concerned, that’s no more than a bit of political mischief, which every country will have," Gordhan said in an interview with Bloomberg TV in New York Tuesday. "I’m sure we in South Africa will resolve these issues."

Reports in August that Gordhan, who led efforts earlier in the year to boost confidence in the economy, is being investigated by the police for overseeing the establishment of an investigative unit when he led the South African Revenue Service between 1999 and 2009.

The police and National Prosecuting Authority haven’t made contact with him since the week of August 22, when he was ordered to present himself to the Hawks, Gordhan said.

"They can’t make up their minds at the moment," he said. "The latest news in the media is that they believe they don’t actually have a case."

Gordhan is in New York with a delegation of business leaders and South African Reserve Bank governor Lesetja Kganyago for a conference with investors on Tuesday and on Wednesday.

South Africa remains an "easy sell" for foreigners, he said.

The economic downturn has "bottomed out" and gross domestic product will expand this year, he added.

Read Fin24's top stories trending on Twitter:

pravin gordhan  |  economy  |  sars wars

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