South Africa prosecutor says studying court ruling barring Zuma appeal on graft charges
- Wall Street again marks new highs in post-election run
- Broadcom Ltd. (AVGO) Tops Q4 EPS by 11c
- Restoration Hardware (RH) Tops Q3 EPS by 4c; Guides Well Below the Street
- Unusual 11 Mid-Day Movers 12/8: (COOL) (TLRD) (DRAM) Higher; (SHIP) (OHRP) (MLSS) Lower
- After-Hours Stock Movers 12/08: (FNSR) (AVGO) (GLPG) Higher; (XTLY) (RH) (DLTH) Lower (more...)
President Jacob Zuma speaks during his question and answer session in Parliament in Cape Town, South Africa, September 13, 2016. REUTERS/Mike Hutchings
Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
PRETORIA (Reuters) - South Africa's top prosecutor said on Tuesday he was still studying a Constitutional Court order from last week which said his office could not appeal a ruling that may see corruption charges reinstated against President Jacob Zuma.
Shaun Abrahams, the head of the National Prosecuting Authority (NPA), told a media briefing that no decision had been made yet in response to the decision on Friday.
The High Court in April ordered a review of an NPA decision to set aside hundreds of corruption charges against Zuma, calling it "irrational". That decision allowed Zuma to run for president in 2009.
The scandals swirling around Zuma contributed to the worst election showing by the ruling African National Congress in local polls in August, intensifying calls for his resignation.
Abrahams said at the same news briefing that Finance Minister Pravin Gordhan would be prosecuted for fraud in relation to severance packages and the extension of employment contracts at the South African Revenue Service.
(Reporting by Joe Brock; Writing by Ed Stoddard; Editing by James Macharia)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Climate refugees in South Asia need protection, advocates say
- U.S. derivatives regulator to move on from Dodd-Frank under Trump
- Saudi Arabia tells oil buyers of cuts after OPEC deal, PIRA says
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!