The ANC in the Western Cape says it has decided to return a donation made by controversial businessperson Iqbal Survé. Survé, whose companies have been embroiled in controversy following recent testimony at the commission of inquiry into the Public Investment Corporation (PIC), made the donation believed to be about R1m, on Sunday. In a statement on Tuesday, the ANC in the Western Cape said it had instructed the provincial treasurer to return the money immediately. Khaya Magaxa, the acting chair of the ANC in the Western Cape, said during the course of the election campaign, that the party been approached by many individuals and organisations who expressed their wish to support “the rejuvenation and renewal of the ANC as well as the renewed wave of confidence in our economy, country and movement”. “Following a thorough assessment, we would then decide if we would accept a particular donation and how it would be used,” he said. “Due to the fact that this [Survé donation] happened a m...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.