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ANC Ordered To Pay R100M To KZN Company For Election Banners Or This Happens

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.

Ezulweni Investments, which ­supplied the branded items to the ANC, turned to the high court in Johannesburg to enforce the payment. The court ruled in its favour, but the ANC took the matter on appeal before three judges of this division.

The judges however ruled also that ANC should pay up the money they owe to the KZN company.

ANC has been financially constrained and also struggling to pay its workers, yet it is now faced with a big problem of having to pay up hundreds of millions or their assets will be liquidated.

What many do not understand is how did ANC end up incurring such a huge amount for election materials when they have been a ruling party for years and other alternatives to use in campaign rather than spending more money on banners or posters.

"There's probably a few high ranking Cdes behind the claim of verbal agreement, obsession with numbers, pumped up election campaigns as votes disappear and escalation of feasting in the party until there is nothing left,"

"This reminds me of a neighbour who had 2 x 1.5 metre stacks of placards and ANC campaign boards under his carport. That is long after the CR17 elections," some points at ANC's wasteful spending.

Some comrades joked that president Cyril Ramaphosa knew that this was going to happen and explains why he kept the cash under the mattress at his Phala Phala farm.

There are allegations that all bodyguards working for Zizi Kodwa are being investigated for leaking the story of Phala Phala. It is believed that they are the only people who could have told people that he had a meeting with Namibians and the guys who stole the money from Cyril Ramaphosa.

Content created and supplied by: DissentingVoices (via Opera News )

ANC Ezulweni Investments KZN

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