The ANC got another bloody nose this week when it failed to overturn a previous court ruling that it must pay R120 million it owes to a KZN-based marketing company for the supply and erection of PVC banners in the run-up to the 2019 elections. | Fin24
The governing ANC failed to overturn a court order forcing it to pay R120 million to a KZN-based marketing company for election banners.
Judge Leicester Adams, writing on behalf of Judges Motsamai Makume and Mpostoli Twala, said on all the available evidence, the ANC was liable to pay the debt on the basis of an verbal agreement.The ANC had sought to distance itself from the verbal agreement, claiming the two officials who had negotiated with Ezulweni boss Renash Ramdas, had no authority to do so.
In February, Mabaso and Nkholise placed an order with Ezulweni for the supply and installation of 30 000 PVC banners. In accordance with the oral agreement, on April 9, Nkholise forwarded to Mr Mababso the ANC’s final design of the banner and Mabaso in turn forwarded the email to Ezulweni.
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