WHY was the ANC fined by Electoral Court ahead of voting day?

With just two weeks to go to the 29 May General Elections, the ANC have been fined by electoral court for not disclosing their finances. Image: File/FotorWith just two weeks to go to the 29 May General Elections, the ANC have been fined by electoral court for not disclosing their finances. Image: File/Fotor

Therefore, the Electoral Court in Bloemfontein ordered the African National Congress and a number of other political parties to pay fines ranging between. By the standards of the millions each party receives in private funding, the fines are but a drop in the ocean. The Political Parties Funding Act came into effect in 2021. It decrees that every registered political party must keep records of their income/funding. This includes private donations and membership fees. And any donation which exceedsmust be disclosed to the IEC. Moreover, every registered political party must appoint an accounting officer and an auditor to keep proper records and comply with all disclosure dates.

Source: Law Daily Report (lawdailyreport.net)

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