• About
  • RSS News Feeds
  • Contact
Friday, January 30, 2026
  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
  • RSS News Feeds
  • Contact
No Result
View All Result
  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
  • RSS News Feeds
  • Contact
No Result
View All Result
No Result
View All Result
Home Latest News

Over R70 Million Looted From MK Party Account MPs Demand Forensic Probe Into The Vanished Millions

November 10, 2025
0
Over R70 Million Looted From MK Party Account MPs Demand Forensic Probe Into The Vanished Millions
0
SHARES
Share on FacebookShare on Twitter

The uMkhonto weSizwe Party is currently experiencing a severe internal crisis stemming from the alleged disappearance of a substantial R70 million in party finances. Multiple Members of Parliament within the MKP have reportedly escalated the matter, formally addressing a strongly worded communication to party leader Jacob Zuma and national chairperson Tony Yengeni. This collective action demands the immediate initiation of a comprehensive forensic investigation into what these members categorize as a profound financial scandal, threatening the ethical underpinnings of the entire political movement.

Information from reliable party sources suggests the significant sum, originally earmarked for critical operational needs such as campaign logistics, parliamentary functions, and local constituency development, may have been illicitly diverted in the period immediately following the recent national elections. The signatories of the letter assert that their repeated attempts to secure clarity regarding the party’s finances have been met with persistent silence, leaving an independent external audit as the only viable recourse. The communication reportedly emphasizes that the MKP cannot credibly construct a legacy of revolutionary integrity while its internal financial governance remains compromised and disorganized.

This explosive correspondence has purportedly caused considerable disruption within the MKP’s Durban headquarters, intensifying existing rumors of deep factional disputes. There are quiet accusations suggesting that close associates within Zuma’s inner circle are protecting individuals suspected of systematically siphoning funds, potentially utilizing opaque shell corporations and fraudulent service providers during the electoral campaign. When approached for comment, Tony Yengeni vehemently rejected the accusations, branding them as calculated and malicious falsehoods designed purely to sow discord within the party structure.

Conversely, several senior members speaking under anonymity insist on the veracity of the financial claims, warning that the current leadership risks irreparable damage to the organization’s credibility among its core constituency through inaction. They stressed that the issue transcends political maneuvering and speaks directly to a promise of honesty and dedicated service, expressing concern that some are exploiting the party’s revolutionary identity and Zuma’s name for personal enrichment. Jacob Zuma is reportedly facing intense pressure to intervene decisively, though he has yet to issue a public statement. Political analysts suggest this financial controversy could significantly undermine the MKP’s public standing and electoral prospects leading into the next cycle of local government elections, where transparent financial conduct and grassroots trust will be paramount for success.

Previous Post

ATM President Vuyo Zungula Marries Zoleka Mathiso

Next Post

MK Party On The Brink: Faction Wars Explode As Gigaba Faces Corruption Heat

Azalibone Mthethwa

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

Related Posts

Seat at Jacob Zuma’s Table Fetches R2 Million Ahead of MK Party Gala Dinner

December 15, 2024

Police Dismiss Conspiracy Theories After Three Officers Die in N1 Crash

May 4, 2025

I Apologize That She Forgot Her Oath: Mkhwanazi Fires Back at MP Barnard

October 9, 2025

Collen Malatji Disgraced And Suspended For Holding Secret ANCYL Meeting Without Top Key Leaders

November 22, 2025

South Africa Faces Civil Unrest Threat, Not Military Coup, Says Deputy Defence Minister

July 18, 2025

ANC KZN Secretary Questions Solly Mapaila’s Commitment to Communism, Sparking Tension with SACP

October 12, 2024
Next Post

MK Party On The Brink: Faction Wars Explode As Gigaba Faces Corruption Heat

  • Trending
  • Comments
  • Latest

Bad News for everyone living in South Africa this morning As Nigerian Threaten To Take Over SA

September 11, 2024

South Africa is finished|| Look over 100 illegal foreigner were caught bringing into the country

September 10, 2024

Look what Dr Nandipha’s mother spotted doing in court yesterday

September 10, 2024

Unexpected || Hawks To Arrest ANC Heavyweight Over R680 000 Alleged Money Laundering

September 11, 2024

Big Nuz – Ngeke Wins Ukhozi FM Top 10 Cross Over Song Of The Year 2022 to 2023

0

Watch: Babes Wodumo Performing Ngeke at The Last Dance 2022 | Song of The Year

0

Some people are angry on Babes Wodumo, following how She’s mourning her husband, take a look

0

Enhle Mbali exposed for ‘willing to be in a polygamous marriage’

0

“I Am Not a Happy Taxpayer in This Country” – Clement Manyathela Sparks Debate on Radio 702

January 29, 2026

Madlanga Tells Senona, “Please Chill”

January 29, 2026

Khusela Slams ANC Over Promotion Amid Babita Deokaran Controversy

January 29, 2026

Julius Malema Blows Hot In Parliament After Mkhwanazi’s Police Corruption Evidence Was To Be Covered

January 29, 2026

Recent News

“I Am Not a Happy Taxpayer in This Country” – Clement Manyathela Sparks Debate on Radio 702

January 29, 2026

Madlanga Tells Senona, “Please Chill”

January 29, 2026

Khusela Slams ANC Over Promotion Amid Babita Deokaran Controversy

January 29, 2026

Julius Malema Blows Hot In Parliament After Mkhwanazi’s Police Corruption Evidence Was To Be Covered

January 29, 2026

SA Leading Digital News. All the latest breaking news from across South Africa in one stream.

Advertise with us: info@ireportsouthafrica.co.za

Follow Us

Main Menu

  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
  • RSS News Feeds
  • Contact

Recent News

“I Am Not a Happy Taxpayer in This Country” – Clement Manyathela Sparks Debate on Radio 702

January 29, 2026

Madlanga Tells Senona, “Please Chill”

January 29, 2026

Khusela Slams ANC Over Promotion Amid Babita Deokaran Controversy

January 29, 2026

Julius Malema Blows Hot In Parliament After Mkhwanazi’s Police Corruption Evidence Was To Be Covered

January 29, 2026
  • About
  • RSS News Feeds
  • Contact

iReport South Africa to Advertise: info@ireportsouthafrica.co.za

No Result
View All Result
  • HOME
  • LATEST NEWS
  • POLITICS
  • ENTERTAINMENT
  • LIFESTYLE
  • CRIME
  • SPORTS
  • BUSINESS
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Login

iReport South Africa to Advertise: info@ireportsouthafrica.co.za

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • LATEST NEWS
  • POLITICS
  • ENTERTAINMENT
  • LIFESTYLE
  • CRIME
  • SPORTS
  • BUSINESS
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Login

iReport South Africa to Advertise: info@ireportsouthafrica.co.za

Exit mobile version