https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Financial|Service
Financial|Service
financial|service
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

ANC says Sheriff’s visit is attempt to create a spectacle

Close

Embed Video

ANC says Sheriff’s visit is attempt to create a spectacle

ANC logo

5th December 2023

By: Sane Dhlamini
Creamer Media Senior Contributing Editor and Researcher

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The ruling African National Congress (ANC) has referred to Ezulwini Investments' attempts, through the Sheriff of the Gauteng High Court, to attach its assets as “attempts to create a spectacle”, which its spokesperson Mahlengi Bhengu-Motsiri said is unnecessary.

The ANC’s Luthuli House headquarters attracted the media spotlight after Ezulwini Investments sought to attach the party's accounts and other physical assets, to recover more than R100-million the party owes it for work done during the 2019 elections campaign.

Advertisement

In a statement Bhengu-Motsiri said following the “unfavourable judgment” of the Supreme Court of Appeal (SCA), which dismissed the party’s appeal against a judgment that it was liable for the outstanding amount owed to Ezulweni, the ANC indicated in earlier communication that “it is now taking the matter to the Constitutional Court which in effect postpones the execution of the SCA decision”.

The party sais it was “curious” that despite its legal team communicating with Ezulweni Investments counterparts to stay the application of the court order pending their appeal, failed attempts were made to proceed with the attachment order.

Advertisement

The ANC further explained that since the beginning of 2023 it had met its financial obligations to staff members and all creditors with whom the party had historical debt including paying off the South African Receiver of Revenue debt, bank and municipal bills, and other service providers.

The ANC stated that the recent provincial, youth, veterans and women's league conferences were also fully paid for and added that “in relevant instances, we remain committed to paying off any other outstanding debts once payment arrangements are finalised”.

Ezulweni Investments has now given the party until Wednesday to pay money owed or face liquidation. If liquidated, the ANC cannot contest elections.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now