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S.Africa's Financial Services Board probes trades around Gordhan recall
May 2, 2017 / 9:27 AM / 7 months ago

S.Africa's Financial Services Board probes trades around Gordhan recall

JOHANNESBURG, May 2 (Reuters) - South Africa’s Financial Services Board (FSB) is probing certain trades that took place in the hours before former Finance Minister Pravin Gordhan was recalled from an investor roadshow and then dismissed, an official said on Tuesday.

“The investigation is on-going,” Solly Keetse, head of Market Abuse at the FSB, told Reuters. The Johannesburg bourse said in April it was probing the trades involving currency futures and would forward its findings to the FSB once they are finalised. (Reporting by Nqobile Dludla; Editing by Ed Stoddard)

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