THE ANC may find itself out of next year’s general elections!
Ezulweni Investments, which is owed millions of rands by the ruling party for unpaid services rendered in connection with the 2019 national elections campaign, is considering a liquidation process.
Shafique Sarlie for Ezulweni told SAFM on Monday, 27 November his clients were considering seizing and selling assets belonging to the ANC to recoup R150 million owed to the company.
He said the company was looking at Luthuli House and ANC bank accounts as the assets that it could attach.
“The ANC is owing my client just over R102 million, but there is an interest factor that is calculated from May 2019. Now that could increase the payment fee to almost R150 million,” said Sarlie.
He said these assets had been attached before but released when the ANC appealed the High Court ruling on the matter.
In its papers, the ANC said the so-called agreement between the party and Ezulweni Investments was fraud.
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But the Supreme Court of Appeal (SCA) dismissed the party’s application.
“The SCA ruled: 'The denials of the ANC fall into the category of bald, uncreditworthy denials designed to create fictitious disputes of fact. The version of the ANC accordingly does not raise bona fide factual disputes. It does not warrant the approach that the matter should have been decided on its version. On the contrary, the court of first instance and the full court were amply justified in basing their findings on the version of Ezulweni where the two versions conflicted'.”
The KZN-based marketing company scored the contract to supply election posters and banners for the ANC but four years later, it has still not received a cent.
Sarlie said they have copies of the ANC’s financial statements and have the list of all the assets that were available for attachment.
“Ultimately, of course, if the judgment is not satisfied in full, we will contemplate liquidating the ANC. That will have enormous implications for the party, inter alia, with the IEC. I am not so sure if the IEC will allow them to contest the elections if they are in liquidation,” he said.
The ANC said its legal team was still studying the judgment and “will advise on most appropriate actions that can be undertaken”.
