IFP welcomes President Cyril Ramaphosa’s signing of the Political Party Funding Bill

Press Statement
Narend Singh MP
IFP Treasurer General

The IFP welcomes this evening’s signing of the Political Party Funding Bill into law. This is a victory for transparency and a victory for our democracy.

In light of the ANC’s involvement with Bosasa and the rot of corrupt activities which is now being laid bare before the South African public in the State Capture Commission of Inquiry – we are hopeful that more allegations will come to the fore.

The IFP has championed alongside civil society organizations the drafting of this legislation which has now become an Act of Parliament.

This Act will see for the first time the levelling of the playing field and halt the abuse of state resources for party-political purposes.

We welcome the establishment of the Multi-Party Democracy Fund as it will ensure that resources are distributed equitably and fairly in so doing it will ensure that all voices are represented equally in our National Assembly.

Contact:
Narend Singh MP
IFP Treasurer General
083 788 5954
@IFPinParliament