JOHANNESBURG - African National Congress spokesperson Pule Mabe said the party has made arrangements to clear its debt after it skipped out on paying employee provident funds.
The financial watchdog instructed the ANC to pay R10 million every month to clear its debt or face consequences. While the ANC's financial situation remains dire, Mabe told journalists at Luthuli House on Thursday that the party had been in constant contact with the financial authority on a way forward.
"There are a number of options available, provided for by the Financial Sector Conduct Authority and those are legislated. We really want to go on record with those because our treasurer-general has assured us that they are working on a plan and all the relevant parties affected by these developments have been briefed."
Earlier, ANC spokesperson Pule Mabe told journalists at Luthuli House that an arrangement had been made with the FSCA to settle its R86 million debt after it skipped out of paying for employee provident funds. @khanya_mntambo https://t.co/CFTfPIvpgo pic.twitter.com/Esc3eEA9nV
Source: Loan Digest (loandigest.net)
We hop that it wont be the tax payers money that they're using to clear the R86m
Corrupt anc , how can we keep trust this party to run the country!!!
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With whose money? The MYANC is broke. Oh, wait, it will like flysaa , the MYANC will just steal from the SA tax payer again. The best predictors for future MYSNC behaviour is past MYANC behaviour.
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Where does this money come from?. Please investigate RSASIU NPA_Prosecutes SAPoliceService
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