ANC takes control of ANCYL debt case

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

(Picture: Sapa)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

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."

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
Read more on:    anc  |  ancyl  |  magasela mzobe  |  julius malema  |  gwede mantashe  |  johannesburg  |  politics
NEXT ON NEWS24X publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24


Rugby World Cup 2015

All the action from the 2015 RWC, including live coverage of all 48 matches, breaking news, fixtures, results, logs - and much more!


Rugby World Cup 2015

6 reasons Boks won’t botch it
Fiji far too strong for Uruguay
Burger hopes for elusive World Cup win
As it happened: Fiji 47-15 Uruguay
Traffic Alerts

Relationships and significant connections may play an important role in your day today. Let the warmth of the Leo moon inspire more

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.