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Podcast: First Take SA
Episode: ActionSA: ANC's debt settlement agreement with Ezulweni Investments breaks Political Party Funding Act
Description: ActionSA has reportedly obtained the confidential agreement behind the ANC's R150 million debt settlement with Ezulweni Investments, which it says breaks the Political Party Funding Act. The deal, now public through ANC court papers, shows the ANC ordered R190 million worth of election materials to write off the R150 million debt - a move ActionSA calls an unlawful donation-in-kind exceeding the R15 million annual donor limit. ActionSA says the agreement contravenes the Act, contradicting statements by ANC President Cyril Ramaphosa and the IEC. Elvis Presslin spoke to ActionSA National Chairperson, Michael Beaumont