Source: https://twitter.com/ZANewsFlash/status/1542784304815771648?t=qjvcM3W-0TdtEFsldyCVRg&s=19 The ANC has been ordered to pay R100 million for the 2019 election banners to a Kwa-Zulu Natal company. The attorney acting for the company, Ezulweni Investments, has now said that unless the party pays, they will consider initiating liquidation proceedings.
The ANC has been ordered to pay R100 million to a KwaZulu-Natal business for the 2019 election banners. The attorney representing Ezulweni Investments has stated that if the party does not pay, the business will consider beginning liquidation proceedings. Ezulweni Investments, which provided the ANC with branded merchandise, petitioned the Johannesburg high court to compel payment.
Source: https://twitter.com/ZANewsFlash/status/1542784304815771648?t=qjvcM3W-0TdtEFsldyCVRg&s=19 The ANC has been requested to pay R100 million for the 2019 political decision pennants to a Kwa-Zulu Natal organization. The lawyer representing the organization, Ezulweni Investments, hosts presently said that except if the gathering pays, they will consider starting liquidation procedures.
Never rains but pours for our ANC. The scandals that are money related can't be kept at bay. This is the party that has been ruling for 27 years. It has it's up and downs but lately it's more downs than ups. This time it's about the money owed to Ezulweni Investments. ANC lost it's appeal against an order by the Gauteng High Court in Johannesburg. They argued that the agreement between it and Ezulweni Investments was not authorized by then treasurer general Zweli Mkhize. Lawyers of Ezulweni Investments CEO Renash
Whatsapp and verbal agreements carry as much weight as written and signed contracts, it was proven in a court case between Ezulweni Advertising Agency and ANC recently. Last year 2019, ANC requested Ezulweni Investments to produce 30 000 banners for all provinces just before the general elections. These banners were also to be installed and removed after elections. It is written that ANC broke the agreement and refused to pay after the elections. Ezulweni contacted them several times requesting payments to no
Company owed R102m by ANC reveals in letter to judge hardship it faces due to party’s refusal to pay
Johannesburg – Creditors and proprietors of the organization that the destitute ANC owed R102 million to are suffering monetary difficulties because of the party's supposed refusal to hack up. Legal counselors for Ezulweni Investments have composed a letter to Gauteng High Court Judge President Dunstan Mlambo specifying the partners' battles as the legitimate deadlock between the organization and the ANC delays.
For the past few months it had been reported that the African National Congress has been having some financial difficulties and that they were also unable to pay its staff members, it seems like their financial woes has also found them in trouble with the law. It has been apparent that the South Gauteng High court has given authority to the sheriff of the court to attach assets that belong to the organisation. However, when the sheriff arrived at Luthuli House, the sheriff was unable to attach the property after