The African National Congress (ANC) is facing mounting legal and financial pressure after Ezulweni Investments confirmed it will now target the ruling party’s provincial and local offices in a bid to recover R122 million owed for unpaid election campaign work.
This move follows the company’s dramatic seizure of movable assets and bank accounts at the ANC’s Luthuli House headquarters last week — part of a court-approved effort to enforce a writ of execution against the party.
Ezulweni’s attorney, Shafique Sarlie, told Loxion News that both the High Court and the Supreme Court of Appeal have upheld judgments confirming the ANC’s debt for printing and marketing services delivered during the 2019 election campaign.
“In the coming week, we will broaden the attachment process by targeting provincial offices and any movable goods there,” said Sarlie. “We’ll also seek to identify additional bank accounts for attachment — and if all else fails, liquidation proceedings against the ANC remain an option.”
The R122 million dispute stems from unpaid invoices for election banners and branding materials supplied by Ezulweni in 2019. In 2023, the ANC and the company reached a settlement agreement, but the party reportedly defaulted on its payment obligations, prompting renewed legal action.
The ANC, meanwhile, is hitting back. The party says it plans to launch a counterclaim for payments already made and has even threatened private prosecutions against Ezulweni directors.
The unfolding standoff has intensified concerns over the ANC’s financial stability, with analysts warning that continued asset seizures and potential liquidation proceedings could cripple the ruling party’s operational capacity ahead of the 2026 municipal elections.
As the legal showdown deepens, Ezulweni Investments insists it is merely pursuing what the courts have confirmed it is owed — while the ANC accuses the company of politically motivated tactics.
One thing is clear: the financial storm surrounding Luthuli House is far from over.
