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South Africa: ANC Admit’s ‘OilGate’ Affair

Print E-mail
Monday, 03 August 2009
The ANC's reported acknowledgement that it paid back the R11-million donation by Imvume Management amounts to nothing less than an "admission of guilt", the Freedom Front Plus said.

FF Plus spokesperson Willie Spies asked in a statement that if there had been nothing untoward about the PetroSA advance to Imvume and the subsequent donation to the ANC, "why did the ANC find it necessary to repay the donation? The irony is that the biggest loser in the entire debacle is the taxpayer, since Imvume is still R13-million in arrears with its repayment of the 'advance' to PetroSA," he said.  "It is now critical that decisive action be taken to bring Imvume Management and its director Sandi Majali to justice."

Spies said the SA Police Service commercial branch had informed the FF Plus last week that it was re-opening its investigation into the party's charges of fraud against Majali and his company, pursuant to a request by the National Prosecuting Authority. The party laid the charges in August 2005.

In December 2003, Imvume channelled taxpayers' money from state oil company PetroSA to fund the then cash-strapped ANC's election kitty, he said.  The Cape Argus reported on Tuesday that outgoing ANC treasurer-general Mendi Msimang said in the ANC's financial report tabled at its conference in Polokwane, that the ANC had repaid the money in two instalments in May and June 2005.  The Imvume donation was part of a R15-million advance payment from PetroSA to Imvume.

PetorlWorld 020809

 

 
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