Bid to seize ANC assets after failure to pay R102-million bill | The Citizen

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Bid to seize ANC assets after failure to pay R102-million bill | The Citizen
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Four years after a KwaZulu-Natal based marketing company scored a R102-million contract to supply election posters and banners for the ANC, it has still not received a cent.💵 Debt

The writ would authorise the Sheriff to attach removable goods from the ANC’s Luthuli House headquarters in Johannesburg to the value of R102 465 000 and sell them at public auction.

The ANC had sought to distance itself from the verbal agreement, claiming that the two officials who had negotiated with Ezulweni boss Renash Ramdas, had no authority to do so. Ramdas said a Mr Mabaso, the ANC’s financial manager, had introduced him to a Mr Nkholise, the person responsible for procurement on behalf of the party for the duration of the election campaign. They had placed the order with him.

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