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Then one presumes that the office bearers can be jointly and severally sued?
The sheriff reportedly twice tried to seize ANCYL assets, but found there were none.
So if it is not subject to Companies laws then it is up the Insolvency Act alley.'debtor', in connection with the sequestration of the debtor's estate, means a person or partnership or the estate of a person or partnership which is a debtor in the usual sense of the word, except a body corporate or company or other association of persons which may be placed in liquidation under the law relating to Companies;
The Insolvency Act doesn't suddenly loose currency:
So if it is not subject to Companies laws then it is up the Insolvency Act alley.
Also the case to take the ANC to task is strong. And the Constitution of the Youth League itself should be looked at:
http://www.anc.org.za/docs/const/2004/constitution2004a.pdf
The African National Congress Youth League was founded in 1944 as an organisation of the youth
committed to the ideals of democracy, freedom and peace, it is governed by and adheres to the
policies and programmes of the ANC, and its existence derives from the Constitution of the ANC.
ARTICLE F: RELATIONSHIP WITH THE AFRICAN NATIONAL CONGRESS
1 The ANCYL shall be a voluntary youth organisation and mass organ of the ANC.
2 The ANCYL shall function as an autonomous body within the overall structure of the ANC of which
it shall be an integral part. It shall be based on the political and ideological objectives of the ANC.
3 The ANCYL shall liaise closely with the ANC at all levels (national, provincial, regional, zonal and
branch levels).
This is what happens when you do business with an organization that is corrupt from all the way from the top to the bottom. All the way from JZ to the ANCYL. Pathetic excuse of a political party.
Uh. I don't see how this is relevant to the credit rating of the government.I hope that companies now learn a lesson. Any work coming from Government or semi-government institutions or in fact an company linked to Government in some way - Cash Only - Upfront.
Uh. I don't see how this is relevant to the credit rating of the government.
surely the individuals themselves should be held accountable?