Poging GOUD - Vrij
Legal dispute escalates: ANC's R85 million debt to Ezulweni Investments
The Mercury
|October 06, 2025
THE LONG-standing legal wrangle between the ANC and Ezulweni Investments, a marketing company, is far from over after lawyers representing the company threatened to obtain writs of execution for the movable assets at the party's provincial offices in a bid to recover a debt of over R85 million.
This comes after the company’s legal representative, attorney Shafique Sarlie, obtained a writ of execution dated October 3, 2025, to attach the ANCs assets, including movable goods and incorporeal property, at Luthuli House, the ANC’s headquarters in Johannesburg.
The writ, which was leaked in a social media post, has since been slammed by the ANC as an attempt to sensationalise the legal dispute between the two parties.
The writ authorises the seizure of the incorporeal property, which refers to intangible assets, like rights, titles and interests in accounts held with financial institutions.
In a media statement, the ANC said it has formally notified Ezulweni and their attorney through its legal representatives and forensic auditors about the novation of the court order.
Party spokesperson Mahlengi Bhengu-Motsiri revealed that the party's investigators, Tayfin Forensics, have obtained a sworn affidavit from a former ANC employee, who “admitted to being bribed to falsely claim that Ezulweni delivered banners and advertising materials”.
Dit verhaal komt uit de October 06, 2025-editie van The Mercury.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Mercury
The Mercury
G20 Leaders seal landmark agreements on debt, energy, climate and inclusive growth at Joburg Summit
SOUTH Africa's Presidency of the G20 culminated in a far-reaching set of agreements as world leaders adopted a comprehensive Declaration in Johannesburg over the weekend, marking the first G20 Summit ever held on African soil.
1 mins
November 25, 2025
The Mercury
BHP stunned as Anglo American rejects renewed takeover bid
BHP confirms that it is no longer considering a combination with Anglo and Teck Resources
2 mins
November 25, 2025
The Mercury
Five goals worth pursuing for personal growth
BECOME the most generous person you know.
1 min
November 25, 2025
The Mercury
Government's proposed school calendar overhaul
THE South African Department of Basic Education has initiated a significant overhaul of the existing school calendar system, aiming to introduce a framework that is applicable to all nine provinces.
1 min
November 25, 2025
The Mercury
NPA names suspects accused of killing principal, clerk at Gauteng school
THE National Prosecuting Authority (NPA) has released the names of the two people arrested in connection with the murders of school principal Ruth Nozibele Tabu, 58, and administrative clerk Nobantu Njombini, 55, who were shot dead at Inxiweni Primary School's administration block last week.
2 mins
November 25, 2025
The Mercury
KZN prepares for festive season spike in GBV
KWAZULU-NATAL authorities and civil society organisations are preparing for an anticipated rise in gender-based violence (GBV) during the festive season, with data and on-the-ground experience pointing to increased risk linked to alcohol abuse, drug use and family stress.
3 mins
November 25, 2025
The Mercury
Sharks look to build momentum in Ireland after first win of the season
THE Sharks will look to back up their first victory of the United Rugby Championship (URC) season when they face Connacht in Galway this weekend, knowing the Irish side has had the upper hand in recent encounters.
1 mins
November 25, 2025
The Mercury
Storm destruction in KwaZulu-Natal
One person died, two remain massing as homes, roads washed away in New Hanover
3 mins
November 25, 2025
The Mercury
Steenhuisen accused of using state resources to purge his political opponents
THE DA leader John Steenhuisen has been accused of applying ‘ANC tactics’ to purge his political opponents ahead of the party’s elective conference next year.
2 mins
November 25, 2025
The Mercury
Climate change and inequality are connected
AN INCREASINGLY strong case is being made to bring inequality into discussions about climate change.
3 mins
November 25, 2025
Listen
Translate
Change font size

