Gordhan was to face charges that he fraudulently approved early retirement for a deputy tax commissioner Ivan Pillay and re-hired him as a consultant, costing the revenue service 1.1 million rand ($80,000). "The President could not find substantiation for the claim that (the prosecutors) conducts were actuated by ulterior motive or any other improper motive." "It is the President's well considered view that there is no prima facie evidence pointing to the conduct of three prosecutors, constituting misconduct or lack of fitness," the presidency said in a statement. The charges had heightened concerns among investors about a power struggle between Gordhan and Zuma and even drew criticism from senior members of the ruling African National Congress. State prosecutor Shaun Abrahams in October dropped fraud charges against Gordhan related to his time as head of the revenue service just weeks after they had been filed, drawing criticism from opponents who said it was part of a politically-motivated "witch-hunt". JOHANNESBURG, March 3 (Reuters) - South Africa's President Jacob Zuma will not suspend the head of the prosecution service for laying and then withdrawing corruption charges against Finance Minister Pravin Gordhan, the presidency said on Friday.
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