ANC takes control of ANCYL debt case

2013-06-10 16:53
(Picture: Sapa)

(Picture: Sapa)

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Johannesburg - The ANC is taking responsibility for the liquidation case against the ANC Youth League, the league's national task team (NTT) said on Monday.

"Our worry is that if this continues it has the potential to force us to wind down political activities we have been working on," NTT convenor Mzwandile Masina told reporters in Johannesburg.

"We are working with the ANC to amicably resolve the matter satisfying all the parties involved."

The NTT felt there was no legal basis for the liquidation application.

The ANCYL has been accused of failing to pay Z2 Presentations, trading as University Events Management (UEM), nearly R15m for its national congress in the Free State in 2008, when its since expelled leader Julius Malema was elected.

The sheriff reportedly twice tried to seize ANCYL assets, but found there were none.

No assets

In an answering affidavit, ANC Secretary General Gwede Mantashe said the youth league had no assets and no funds to be liquidated to pay its outstanding debts.

Judgment on the application to have the ANCYL liquidated was reserved in the South Gauteng High Court in Johannesburg on Friday.

Acting Judge Tony Mundell said the matter was "novel" and that he would take some time to reach a final decision.

NTT co-ordinator Magasela Mzobe said the task team was not aware of how much the ANCYL owed.

"Our responsibility at this stage is to focus on the restructuring of the ANCYL."

Read more on:    anc  |  ancyl  |  magasela mzobe  |  julius malema  |  gwede mantashe  |  johannesburg  |  politics
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