COPE, NFP, AIC fail to submit financial statements to the IEC

PHUTI MOSOMANE

THE Independent Electoral Commission (IEC) has reported that out of the 15 political parties represented, 11 have successfully submitted audited financial statements.

This represents a submission compliance rate of 73%, as required by the Act.

However, the IEC has identified four political parties that did not fulfil this requirement.

These parties include the African Independent Congress (AIC), Congress of the People (COPE), National Freedom Party (NFP), and Pan Africanist Congress of Azania (PAC).

In addition to the failure to submit financial statements, both the African National Congress (ANC) and the African Transformation Movement (ATM) have also not provided financial statements concerning direct funding.

“Two represented political parties, the African National Congress (ANC) and the African Transformation Party (ATM) made incomplete submissions, i.e., they submitted only one set of financial statements relating to the funds and nothing relating to direct funding. As indicated above, the ANC has since rectified