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JOHANNESBURG – Eyewitness News has learnt that a formal summons has now been issued for Finance Minister Pravin Gordhan. 

NPA head Shaun Abrahams called for a press briefing early on Tuesday morning in Pretoria. 

‘s understood that the summons is for a charge of fraud. 

It has been issued for Gordhan, former Sars commissioner Oupa Magashula and former deputy Sars Commissioner Ivan Pillay.

It’s believe the charge of fraud relates to the payout made by Sars to Pillay when he took early retirement.

At 10am, the rand was trading at R17,11 to the British pound, R13,91 to the US dollar and R15,49 to the euro. 

By 10:20am, it was trading at R17,49 to the pound, R14,23 to the dollar and R15,82 to the euro. 

More to follow on this developing story. 

Source: http://www.ewn.co.za