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Ezulweni Investments

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Background

South Africa

The ANC disputes the contract with Ezulweni Investments

The ANC has vowed it will not be liquidated amid a legal dispute with Ezulweni Investments, dismissing what the party calls, a fraudulent 102-million-rand claim. Legal proceedings initiated by the events company uncovered corruption, prompting a forensic investigation. Despite the dismissal of the ANC’s application by the Supreme Court of Appeal, the party intends to appeal to the Constitutional Court, presenting evidence of bribery and document forgery. Briefing the media, […]

todayDecember 7, 2023 9

South Africa

ANC debt standoff intensifies

In an update to yesterday’s story: the standoff between the ANC and events company Ezulweni Investments has heightened after they gave the ruling party until Wednesday to pay the R102 million or face liquidation. While Ezulweni's attorney, told News 24 that, should the ruling party fail to do so, they would institute liquidation proceedings, the ANC remains dead set on not repaying the money, pending the outcome of an appeal to […]

todayDecember 5, 2023 7

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