ANC finances in audit probe
Dec 18, 2010 7:45 PM By THABO MOKONE and CAIPHUS KGOSANA
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The ANC in the Western Cape has enlisted a top auditing firm to conduct a thorough probe of its finances over the past three years as the race for the leadership of the province hots up.
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BIDDING FOR COMEBACK: Former chairman Mcebisi Skwatsha Insiders in the task team that runs the ANC in the province told the Sunday Times that Deloitte & Touche had begun a full-scale audit of the financial transactions of the province and its six regions from the 2007/8 financial year, when the disbanded provincial leadership was still in charge.
Former provincial chairman Mcebisi Skwatsha, who is bidding for a comeback, is facing a serious challenge from the Deputy Minister of International Relations, Marius Fransman, who has the support of three of the four regions that have already nominated candidates.
Membathisi Mdladlana, the co-ordinator of the ANC provincial task team, confirmed that an audit of the party's financial books was under way, which he said was long overdue.
"We need to know ... does the organisation have money and how much? Who are the funders? How is the money of the organisation spent, because we kept receiving bills as the task team," said Mdladlana.
The audit is focusing on all the financial transactions of the ANC in the province from 2007 to this year.
A provincial insider said Deloitte & Touche would focus especially on how money donated to the party by local businessmen had been spent over the past three-and-a-half years.
"We want local business people to be comfortable when donating to the ANC, to know that their money will be well spent," said the insider.
The audit comes in the wake of claims that the party is in financial difficulty ahead of its elective conference.
It is understood that about R800000 is required to put together the three-day conference, which includes travel expenses, accommodation, food and other costs for about 370 delegates.
ANC headquarters wants the conference to be held before the end of the year, but members of the interim leadership structure, including Mdladlana, have conceded that it will be very difficult to hold the conference before the end of the year.
Mdladlana denied that cash constraints were behind the delay in organising the conference.
"The provincial congress is run by the national executive committee of the ANC, and the NEC has not said to us that there are financial problems," he said.
Two of the party's six regions, the Southern Cape and Dullah Omar, have yet to hold their regional conferences.
Dec 18, 2010 7:45 PM By THABO MOKONE and CAIPHUS KGOSANA
--------------------------------------------------------------------------------
The ANC in the Western Cape has enlisted a top auditing firm to conduct a thorough probe of its finances over the past three years as the race for the leadership of the province hots up.
--------------------------------------------------------------------------------
BIDDING FOR COMEBACK: Former chairman Mcebisi Skwatsha Insiders in the task team that runs the ANC in the province told the Sunday Times that Deloitte & Touche had begun a full-scale audit of the financial transactions of the province and its six regions from the 2007/8 financial year, when the disbanded provincial leadership was still in charge.
Former provincial chairman Mcebisi Skwatsha, who is bidding for a comeback, is facing a serious challenge from the Deputy Minister of International Relations, Marius Fransman, who has the support of three of the four regions that have already nominated candidates.
Membathisi Mdladlana, the co-ordinator of the ANC provincial task team, confirmed that an audit of the party's financial books was under way, which he said was long overdue.
"We need to know ... does the organisation have money and how much? Who are the funders? How is the money of the organisation spent, because we kept receiving bills as the task team," said Mdladlana.
The audit is focusing on all the financial transactions of the ANC in the province from 2007 to this year.
A provincial insider said Deloitte & Touche would focus especially on how money donated to the party by local businessmen had been spent over the past three-and-a-half years.
"We want local business people to be comfortable when donating to the ANC, to know that their money will be well spent," said the insider.
The audit comes in the wake of claims that the party is in financial difficulty ahead of its elective conference.
It is understood that about R800000 is required to put together the three-day conference, which includes travel expenses, accommodation, food and other costs for about 370 delegates.
ANC headquarters wants the conference to be held before the end of the year, but members of the interim leadership structure, including Mdladlana, have conceded that it will be very difficult to hold the conference before the end of the year.
Mdladlana denied that cash constraints were behind the delay in organising the conference.
"The provincial congress is run by the national executive committee of the ANC, and the NEC has not said to us that there are financial problems," he said.
Two of the party's six regions, the Southern Cape and Dullah Omar, have yet to hold their regional conferences.
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