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Home Latest News

MK Party Members Demand Accountability Over Missing Funds

May 21, 2025
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MK Party Members Demand Accountability Over Missing Funds
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Members of the MK Party have expressed frustration over allegations of financial mismanagement within the organization. During a recent meeting, branch members unanimously opposed Floyd and Mcunu remaining in the High Command, accusing them of failing to account for significant amounts of money reportedly missing from party funds.

The allegations involve two major sums: R66 million allegedly unaccounted for in KwaZulu-Natal and an additional R22 million from donors. Members called for transparency and a thorough investigation into the missing funds.

A representative of the dissatisfied members stated, “As members of Mkhonto WeSizwe, we say ‘away with looters who come from the EFF and ANC, which were not here when we started the People’s Movement.’” The remark reflects growing anger over claims that some individuals are exploiting the party for personal gain rather than upholding its original mission.

Tensions within the party were evident at the meeting, with long-time members accusing newer arrivals of abandoning the movement’s principles. “We are tired of seeing individuals use the MK Party as a springboard for self-interest,” one senior member said. “This is not what we fought for. We demand a full audit and consequences for anyone found guilty of misconduct.”

Insiders say these concerns have been mounting for months, with grassroots members increasingly frustrated by what they see as weak leadership and unethical governance. Calls for Floyd and Mcunu to step aside pending an investigation received strong support at the gathering.

Attempts to reach Floyd and Mcunu for comment were unsuccessful, but party leaders have acknowledged the allegations and pledged an official inquiry. “We take these concerns seriously,” a spokesperson said. “The integrity of our party and the trust of our members are our top priorities.”

The MK Party, founded as a grassroots movement committed to liberation and accountability, now faces a crucial test. How it handles this situation will determine whether it can retain its credibility and purpose.

The members’ firm stance signals a push for internal reform. Whether the leadership will respond effectively remains uncertain.

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Education: A+ Diploma in Journalism ( 2017) Experience: Senior Journalist - Current Affairs Writer Email: info@ireportsouthafrica.co.za

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