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ANC rejects allegations of impropriety involving PIC funds – ANC

ANCThe African National Congress has noted media reports of a complaint laid with the Public Protector by a leader of one of the opposition parties alleging the ANC has received specified monies purportedly via a number of companies from the Public Investment Corporation (PIC). The ANC rejects these allegations as being false and baseless. The African National Congress has no knowledge of these transactions nor any record of such monies being paid to the organization.

The ANC respects the right and obligation of any individual to request a formal enquiry where there is suspicion of fraudulent and corrupt activities and will therefore cooperate fully with the investigation, if requested. It is extremely unfortunate, however not unexpected, that opposition parties will clutch at straws based on anonymous faceless and nameless sources to tarnish the image of the ANC, particularly during an election year.

The ANC is unwavering in its commitment to fight against misuse and misappropriation of public funds held in trust for the people of South Africa.

Issued by ANC

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