IEC withholds R15m in funding from Cope, AIC and NFP
after the three parties failed to comply with the Party Funding Act, which required that they account for disbursements through the provision of financial statements.
"The prescripts provide for the forfeiture of such funds only after the end of the political term of office, particularly if a party fails to retain or gain any seats in either the provincial or national legislature," the commission said. accounted for most of the donations at R3 730 000, while the ANC and the DA respectively disclosed R1 996 880 and R259 103,83.ActionSA's donations were received from three individual donors, with the party's repeat donor Martin Moshal supplying the lion's share of the donation at R3.5 million, while the other two, Dr BB Mabizela and Chris Du Toit, donated R105 000 and R125 000, respectively.
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