ANCYL not aware of liquidation bid

2012-12-05 09:25

Johannesburg - The ANC Youth League was not aware on Wednesday of a reported high court application to have it liquidated and its bank accounts frozen.

"I am not aware of any application. We will look into it and if there is something, we will issue a statement," said ANCYL spokesperson Khusela Sangoni-Khawe.

Beeld reported on Wednesday that the application by Z2 Presentations was handed in at the South Gauteng High Court in Johannesburg on Tuesday.

According to court papers, the company claimed the ANCYL owed it R12.8m.

This figure reportedly includes R7.6m for services rendered at the league's Bloemfontein congress in 2008, when expelled league president Julius Malema was elected as leader.

The rest of the debt stems predominantly from interest accrued since 2008.

Marius van Rensburg, Z2 Presentations' lawyer, confirmed to the newspaper on Tuesday that the court papers had been submitted.

"The papers have not yet been given to the ANC Youth League, but the sheriff of the court has been asked to do so urgently this week," he said.

ANC spokesperson Keith Khoza told the newspaper the party was not aware of any liquidation application.

He said it was highly unlikely that the ANCYL would be liquidated.

"They have no assets, and the ANC lends them the office space they occupy."

When asked by Beeld how they could enter into agreements with service providers if they had no assets, Khoza said they had "probably hoped to collect funds".

  • PrettyUsefulArt - 2012-12-05 09:28

    *rubs her hands in glee* This sure is going to get interesting, albeit not surprising.

      squeegee.pilot - 2012-12-05 09:32

      Hahahaha... Fortunately for them their "Intellectual Assets" cannot be frozen as they don't have any...

      frank.vankaapstad - 2012-12-05 09:34

      It reminds me of the ANC conferences where they booked up hotels and guesthouses and simply didn't pay the bills. The owners were still fighting to get paid months afterwards! More of JZ's african way...

      charlesdumbwin.dumbwin - 2012-12-05 09:37

      BAWAHAHAHAHA, this is beautiful!!! The dysfunctional ANCYL has become completely IRRELEVANT to South Africa and the youth of our country. SHUT DOWN THE ROGUE LITTLE GROUP, THEY'RE USELESS!!!

      sonia.bloem - 2012-12-05 09:38

      @BrainCandy, Have any popcorn, I am sure this is gonna be an epic show!! >.<

      attie.mostert.9 - 2012-12-05 09:44

      LOL, this is awesome. It seems that ANC never knows anything!!!!!

      kalabafazi - 2012-12-05 09:58

      Good luck to Z2 Presentations if the ancyl has no assets, then what are you going to liquidate? My guess is that the anc will need to bail them out and will do this using tax payers money. My suggestion is get a few ex SAS lads and liquidate the members. If you know what I mean.

      PrettyUsefulArt - 2012-12-05 10:22

      @ Forgotten - nah, no popcorn, but we're having a bring and braai on Table Mountain if you want to join us? Bring a bucket, ok?

      charlesdumbwin.dumbwin - 2012-12-05 10:22

      COMPLETELY AGREE WITH YOU, ssmonareng!

      fred.murgatroyd - 2012-12-05 10:42

      Actually, I feel nothing for J2 Promotions .... (a) at that price they must have been way overcharging, and (b) if you want to do business with these guys you must be morons.

      sonia.bloem - 2012-12-05 10:42

      @BrainCandy Sure Ill bring a bucket or 2, just give me 12 hours to get there, I live a bit far >.< @Nico Just one question, where did you fall off the bus? You leader is corrupted and is stealing you blind, yet you keep following him like a little puppy.... Open your eyes!!!

      konstabel.koekemoer - 2012-12-05 13:43

      I wonder how many palms this company had to grease to get the contract? No wonder they want their money so badly.

      cobus.eeden - 2012-12-05 21:58

      Too late for popcorn here. It seems like the show is over. The fat lady has sung and the theater is emptying ...

      frans.visserdsb - 2012-12-06 07:03

      Nico... very funny - seems like your sarcasm was lost on most of these commentators - which is hilarious as they were saying the ANCYL has no brains...

  • mark.corrigan.3910 - 2012-12-05 09:30

    Yep. The modern day ANCYL is similar to Mandela's ANCYL...sure.

  • heini.botes - 2012-12-05 09:30

    Whahahaha, the ANCYL isn't aware of anything much going on around them all the time, how can they be aware of liguidation claims. Stupid is not the word for these clowns!!

  • robynne.els.1 - 2012-12-05 09:31

    The ANCYL are not aware of many things! Unfortunately stupidity can't be fixed

      justin.rens.9 - 2012-12-05 10:16

      not true robynne, theres a very effective lead pill

  • nico.maponya - 2012-12-05 09:32

    Blah blah blah blah,Malema took all the money.ANC and Nkandla-gate must also be liquidated.

      terra.schoultz - 2012-12-05 09:55

      100% correct maponya, though we know it is sarcasm talking. Live by the sword die by the sword!!!

      alan.jerrold - 2012-12-05 11:26

      Ha ha Nico - think your sarcasm backfired a bit! Remember, many a true word is spoken in jest.

      kortbroek.duplessis - 2012-12-05 11:28

      At least it's a consulation that they are screwing the ANC too and not just SA. Let's hope the ANC is screwed before SA though

  • phumi.ntlabati - 2012-12-05 09:34

    And so it begins....Mangaung will be the final nail sealing the coffin for the organisation of Limbede. God saves us all, it looks like the ANC is turning into another Muslim Brotherhood type of tendencies!

      Lucky - 2012-12-05 09:37

      the brotherhood are following anc lead, not reverse unfortunately!

      tebogo.makaneta - 2012-12-05 11:07

      The ANC is diluted. It is no longer a political party but a company or should i say a family business. The only thing left in the ANC is the acronym itself.

      nmabuyakhulu - 2012-12-05 14:09


  • mzo.bhane - 2012-12-05 09:34

    R12.8m is not a big deal to the ANCYL, Stop going tshatsharag about nothing!!!!!

      dave.elmore.5 - 2012-12-05 09:39

      If its not such a big deal, then why havent they paid it? Or do they not have to pay their bills?

      eland.snitbul - 2012-12-05 09:42

      100% correct, they will use tax payers hard earn cash and money which should have been used to improve much more important issues in this country to pay the bill for fatboy malema's party

      sue.tyler.73 - 2012-12-05 09:42

      Well if it's not a big deal to them why don't they pay their bills? Waiting for taxpayers to do that!!

      Bluecrest - 2012-12-05 09:44

      If it's no big deal they would have paid their debt!!!

      heini.botes - 2012-12-05 09:46

      @mzo...Your absolutely too stupid to insult, sorry, I'll pass

      mholthuysen - 2012-12-05 09:50

      Oh yes Mzo - the "African" Way as Zuma describes it - party up a storm and don't pay for it.... or party up a storm and let the tax payers pay for it... or party up a storm and use development money to pay for it... No wonder the country is in such a mess with attitudes like yours...

      terra.schoultz - 2012-12-05 09:58

      Mzo, is that a fact, after they take all the money back from JuJu when he is found guilty of 50 plus charges, you all will go down. Who will you then support, ignorance is bliss!!!!

      Deon de Lange - 2012-12-05 10:00

      When they still had their thieving, grubby little paws stuck firmly in the Limpopo Treasury R12m was no problem. But now that this treasure chest has been slammed shut on their podgy little fingers, the ANC will have to use the money it has stolen from taxpayers via Chancellor House's energy tenders to bail them out.

      mark.corrigan.3910 - 2012-12-05 10:01

      Guys, take it easy on mzo - he is a Limpopo student and their maths skills...eish, she is broken!

      jan.kotze.7 - 2012-12-05 10:17

      It is a BIG deal for the creditor!!!!! But I also would like to know what services were rendered for such a huge amount?

      tebogo.makaneta - 2012-12-05 11:02

      Kikikiki tltltltl @mzo you are the weakest link, goodbye.

      Deon - 2012-12-05 11:02

      The ANCYL is thinking that this is affirmative partying? Not that they are known for thinking.

      handy.andy.773 - 2012-12-05 11:19

      Sure it isn't, because they are INSOLVENT (go look it up). They must miss Julias, at least he was smart enough to steal some money from the Limpopo government.

      clive.pops.5 - 2012-12-05 20:12

      @ mark.corrigan.3910 you are wrong. The twit is a Financial Accountant at eThekwini City Council. Jesus wept.

  • frederick.nel - 2012-12-05 09:37

    When asked by Beeld how they could enter into agreements with service providers if they had no assets, Khoza said they had "probably hoped to collect funds". LMFAO wtf! Noobs

      mark.corrigan.3910 - 2012-12-05 09:50

      Hehehe! That Ratanang trust fund ran dry very quickly!

      frans.visserdsb - 2012-12-06 07:10

      in terms of the companies act, would that not constitute fraud?

      nic.nomicos.3 - 2012-12-06 10:15

      I need a new car; gonna tell the bank I'm hoping to collect funds to pay for it....HEY, LET'S HAVE A KISSING PARTY !....

  • mark.corrigan.3910 - 2012-12-05 09:39

    Lamola must tell the judge that the ANCYL refuses to pay its bills because it is in fact owed by Apartheid, and that the judge is just a puppet of the white man's law. C'mon, Lamola - show us the revolutionary intellect!

      nic.nomicos.3 - 2012-12-06 10:11


  • eland.snitbul - 2012-12-05 09:39

    Haha please someone stop these idiots from leading a country one day!! I wonder how many houses could have been built with R12mil..instead of wasting it on a individual charges with criminal activities. The amount of money wasted in this country is absurd.

  • mholthuysen - 2012-12-05 09:48

    Can't organize a p@$# up in a brewery - but wanting to run the country....

      Moi - 2012-12-05 11:08

      The p1%s up they can do...paying for it is what seems to be a foreign concept to them.

      clive.pops.5 - 2012-12-05 20:14

      Or a pomp in a brothel.Why? Because they don't pay.

  • jman.maluleke - 2012-12-05 09:48

    ANC should pay the amount to Z2 since ANCYL is its puppy. When ANC expelled Julius Malema one of its reasons was that Julius is dividing the party and bringing it into disrepute, My Question is: How possible it is that ANC conducted a disciplinary action to ANCYL leader if it ANCYL is not part of ANC? If they managed to bring their youth wing to an order it means they are in charge of it so ANC must pay. No excuse on that they must pay.

      heini.botes - 2012-12-05 09:59

      The ANC can't even bring themselves to order, how are they going to bring the youth wing to order??? Appel val nie vêr van die boom af nie ne!

      terra.schoultz - 2012-12-05 10:02

      Don't care who has to pay, ANCYL OR ANC they are all corrupt idiots anyway! Pay the must!!!

      andile.shezi3 - 2012-12-05 10:25

      find ANCYL constitution and read article A and E you will find your answers.

      lawrence.brown.5243817 - 2012-12-05 12:41

      So, does this mean that my mother and father are responsible for my debts, just because I'm related to them! FFS, grow something between your ears!

  • nelson.casquilho - 2012-12-05 09:48

    Life is not a free ride,they dont work and expect everything for free.......was it a conefernce or a jol in disguise.previous government stole the cents and paid the rands,the current government steals the rands and pays the i dont want a return of previous government as my parents where discrimnated against....

      heini.botes - 2012-12-05 10:00

      I don't want to return to the previous one as well, but in 95% of things happening I see no diffrence between the NP and ANC. Something needs to be done my friend

  • nthato.thema1 - 2012-12-05 09:51

    Going as far as killing the voice of the youth and your trying to tell me its to my benefit. While you the one running with the money.

      alan.jerrold - 2012-12-05 11:32

      Nthato, when the 'voice of youth' spews so much utter rubbish, it absolutely deserves to be killed. The ANCYL live off taxpayers' hard-earned money (including some of mine), draw hundreds of millions in social grants and contribute virtually nothing to the fiscus. Undeniable fact. Plus they love partying up a storm and not paying their bills. Who can actually respect people like this? Respect is EARNED, my frend, and they sure don't earn it.

  • nelson.casquilho - 2012-12-05 09:51

    ANC is stealing so much none left for the tokyo,motsepe,ramaphosa.......all the money they made should help the ANCYL league afterall is that whta bee is all about or dont they want to share.. i know of plenty of people who could do with a few thousand rand of these bee vampires...yes vampires

  • corne.koekemoer.1 - 2012-12-05 09:52

    A grate day for everyone in SA!!!!!!

  • johann.dutoit.355 - 2012-12-05 09:57

    ANCYL not aware of much..

  • wayne.geyer.3 - 2012-12-05 09:57

    Must be from the bad maths result!

  • lisa.evansdominick - 2012-12-05 09:59

    Just goes to show gain that this country is run by a bunch of thieves... They should not be allowed to place orders on service providors if the cannot guarantee the payment. this government has ruined so many businesses in this country!!!

  • sisie.indola - 2012-12-05 10:00

    Oh wow - now this is going to be a bun fight of note. Bet you they will say that the parent company is trying to close them down. They would be right.

  • pravda.che - 2012-12-05 10:04

    mr botes. you are being too kind. i think its the combined IQ of the whole of the ANCYL. those idiots would not know if a schoolbook actually ever smacked them on thier heads.

  • David Steyn - 2012-12-05 10:08

    @Mzo Boggom!!

  • durmxd - 2012-12-05 10:10

    There must be a bigger picture here, its seems this will be another charge raised on Malema to keep him away from Mangaung. Come February, March all these distractions will fall away. Simply the ANCYL has no assets and this 12.8m will have to be written off, Z2 should not have allowed any form of credit. Like all dealings with 3rd world African countries - CASH UP FRONT, NO EXCEPTIONS.

  • joel.k.tarus - 2012-12-05 10:11

    This is just a warning to service providers that before you enter into any deal with this organization or its mother body get paid first not that they dont have money they do' only that you are not a priority

  • mphotant.thelejane - 2012-12-05 10:11

    This may lead to formation of new political party...I foresee ANC divided in 2014

      mark.corrigan.3910 - 2012-12-05 10:39

      They don't have the balls. It's cold outside the ANC, rather just kiss Zuma's fat buttocks for positions.

      heini.botes - 2012-12-05 10:42

      Why a new party, DA is already there and growing.

  • bryan.culross - 2012-12-05 10:19

    I hav no synpathy for Z2 presentations ... ever right thinking South African knows that you are unlikely to get paid if you transact with the ANC and / or its affiliates .... cash upfront plus large deposit for potential breakages otherwise get lost!

      mark.corrigan.3910 - 2012-12-05 10:38


      nic.nomicos.3 - 2012-12-06 10:02

      Potential or guaranteed breakages....definitely chairs etc...hahahahaha....

  • strydomsnr - 2012-12-05 10:22

    Z2's greed. Thats whay happens if you do stupid business

  • rob.bayliss.94 - 2012-12-05 10:24

    Please ask Tom Sharpe to write a documentary spoof about the ancyl and its associated (dis)organisations. He would bring much needed humour to our situation and just maybe it would precipitate some soul searching by the cadres.

  • natasha.subramany - 2012-12-05 10:42

    i wonder if they even know what "liquidation" means

      Alice - 2012-12-05 10:55

      Wow Natasha! so it's that how stupid and doff you potray black ppl who support ANCYL? I don't blame majority of blacks that I know refusing to vote for White parties, these are reasons why. No wonder they give Zuma second term. You ppl don't realise these kinds of statements are chasing ppl away from you.

      Brian Dorning - 2012-12-05 11:05

      Stop being so racist Alice, Natasha's statement had no mention of race or anything...and there go off doen some race about white people etc etc. I feel sorry for you.

      mark.corrigan.3910 - 2012-12-05 11:10

      Alice, what's a "white" party? Last time I checked, it's when you wear all white clothes to enter the club. Is this what you mean? Why vote for Zuma just because you don't like these "white" parties?

  • gary.desousa.5 - 2012-12-05 10:46

    Goodness, they have no assets and lent office space?? So the anc does not pay their salaries, and all their cars etc?? Who does then for if they are just a subsidary then attatch the parents assets. Time for a tax audit methinks.

  • tebogo.makaneta - 2012-12-05 10:49

    What R12,8m? Freeze the account now. How are they going to pay for this one?

  • jaco.skalkwyk.73 - 2012-12-05 10:51

    Mismanaging public funds seems to be in the ANC’s criteria. Between all the lawsuits & bad debt our government and their affiliates are going to run out of money. Where will they find the funds to cover all of these blunders? Oja, sorry, I forgot…e-tolling, green tax, fuel levy etc etc.

  • nico.eksteen.7 - 2012-12-05 10:54

    LOL, will pappa-ANC bail them out with the taxpayer's money?

  • gail.joyce2 - 2012-12-05 10:55

    LOL This is so funny. ANC and it's dysfunctional YL sideshow.

  • Brian Dorning - 2012-12-05 11:07

    Is this what is referred to as 'democratic processes'?

  • Brian Dorning - 2012-12-05 11:10

    I wonder how this will be blamed on Apartheid, Whites, FW or the DA?

      ralph.zieg - 2012-12-05 13:52

      @Brian. Of course it's our fault!!! Always is but in this case because we didn't allow the previous disadvantaged to flourish economically therefore how were they meant to know that if you agree to pay for services rendered, then you are actually expected to do so. Everyone else can figure that out for themselves but not the ANC or the YL in fact.

  • limposl - 2012-12-05 11:17

    We've had our freedom and grateful for that, but what is happening on the day to day running of this political disgrace is just a mess and shows that they cannot run this country, i think its about time a different party rules, this cant go on

      heini.botes - 2012-12-05 12:15

      You are a free thinker my friend and i applaud you for that! Level headed guy who one can walk a long way with

  • Jacques - 2012-12-05 11:19

    Oooh eh eh... Not aware of much, are we? 'Probably hoped to collect funds'. But you can use any word or phrase you like, actually. 'Tenders' 'treassury loot' 'zuma lovin'' 'bee buddies'...

  • matsutle.aphane - 2012-12-05 11:19

    during Fikile mbalula and Thabo mbeki there was never a serious crises like the once we are facing now ANC and ANCYL am i RIGHT,,,,,??

  • flysouth - 2012-12-05 11:24

    The awful reality of the world inevitably bites! And yes - the ANCYL can certainly be liquidated, assets or not. If it is a corporate entity, (pty ltd, close corporation, non-profit organisation etc) registered such, it can be declared insolvent by a court order and in that case can no longer operate or trade legally. If it is not a corporate entity (legal persona) through registration with a statutory body, then there must exist a 'named person' who is a natural person who is deemed responsible. In that case, that person can have his or her assets seized and find themselves liable for the debt.In the absence of a named person (for instance in any document such as a constitution,founding resolution etc., as anticipated perhaps with this chaotic organisation, then the creditor will go after whoever placed the order! It is of course an offence under the Companies Act to secure credit when there is little hope or anticipation of being able to repay that debt. Primitives and ignoramuses (ignorami?) such as these simply do not get it, which is why they should not have any part in the public life of this country or in 'leading' youth!

      clive.pops.5 - 2012-12-05 20:24

      Actually flysouth, you are guessing and are in fact badly wrong about your "named person", responsible person story. very wrong. Totally wrong. Why the F%#* do you even comment if you have no clue?

  • xoli.mabiya - 2012-12-05 11:24

    So where was I before I saw this crap..

  • ralph.zieg - 2012-12-05 11:32

    @nico.maponya Would rather you don't come here with that retarded tendency of trying to justify and support the ridiculous antics of the ANC and their affiliates that would not be tolerated anywhere in the world. All the money any of the ANCYL possesses has either been stolen from the taxpayers of SA through corruption or has been given to them through patronage by the likes of the Kebbles such as the cars they drive, etc. Furthermore, if he has such cash, why doesn't he pay the bill if it dates back to 2008 or is it because it is owed to a "white capitalist", who is despised but a black capitalist (read someone who has enriched themselves through BEE deals etc where they in fact contributed no value nor any intellectual input) is okay. In addition, you are clearly uneducated in terms of money laundering legislation as paying such a bill in cash would get our idiot into more trouble over the source of his funds than he is already! Lastly, I note from your Facebook page that you reside in LA yet still seem to be a self appointed authority on SA? I was just wondering therefore why you no longer reside here????

  • raymond.burger.50 - 2012-12-05 11:33

    LOL! And so the snake keeps on devouring its own tail!

  • craig.thom.376 - 2012-12-05 11:42

    Not surprising that they aren't aware!

  • altusvanzyl - 2012-12-05 11:43

    Their african way is failing.......

  • mmoledis - 2012-12-05 11:51

    Let it be liquidated it has no work or use for the youth of this country what they are busy with is to look for geener pastures for themselves politicaly and forget their mandate as youth league.

  • richard.zanner - 2012-12-05 12:04

    Yea great get rid of them.

  • lawrence.sathekge - 2012-12-05 12:24

    Wichever stunt the ANC could pull, we're no stupids, come 2014 elections they'll smell the coffee. The real power is with the ppl not them (ANC). They can play their Mumbo-Jumbo political-crab but we(ppl on the ground) we got the last say on that ballot paper...Casanova can very hard to get re-elected but has someone in there ever ask themselves at the expense of what?, Dividing the ANC and making the ppl of SA lose confidence in the party?, The middle ain't stupid ppl, mark my words...

      frans.visserdsb - 2012-12-06 07:18

      Lawrence I agree - if Zuma is re-elected, the ANC will have a much reduced majority in 2014... The DA is petrified that the ANC choose a strong and honest leader like Trevor Manuel.

  • maria.roth.589 - 2012-12-05 12:29

    I hope you get your money Z2 Presentations.

  • trevor.pietersen.3 - 2012-12-05 12:52

    THEY read LIQUID