Spotlight On Mahier Tayob As Eltel Moves To Recover R40M Debt From ANC 

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Johannesburg – The African National Congress (ANC) has reportedly engaged business rescue expert Mahier Tayob to assess a R40 million debt claim that is headed to court.

The plaintiff in the matter, Eltel Founder Asif Casoojee, is taking legal action to recover the debt from the ANC.

The matter, initially scheduled for today, Tuesday, 27 October 2026, will now be heard at the South Gauteng High Court on Friday, 30 October 2026.

RELATED: Eltel Founder Asif Casoojee Takes ANC To Court To Recover R40 Million Debt – The Bulrushes

Casoojee says in court papers that the debt pertains to services rendered to the ANC during the 2019 Local and Provincial Elections.

He says his company, Eltel, delivered comprehensive digital marketing, communications, and technical support services to the ANC for its election campaign operations.

“The services were rendered in full and in good faith,” Casoojee said ahead of the hearing.

“The debt has been repeatedly and fully acknowledged by the ANC.

“To have to resort to court to enforce payment is unfortunate.”

The court papers indicate that the initial debt of R24 million has accrued an additional R13 million in interest and R2.9 million in legal fees, contractually agreed to by the ANC.

It appears Mahier Tayob, the owner of Tayfin Forensics Services and business rescue practitioner for troubled entities Rea Vaya and North West Transport Investment (NTI), has been roped in to resolve the matter.

Casoojee accuses the ANC of engaging in “predatory” behaviour by acknowledging the debt and undertaking to settle on multiple occasions, only to have legal action withdrawn and then renege on agreed payment.

Casoojee maintains that the ANC and Tayob negotiated in bad faith and directly questions the latter’s authority.

The matter was the subject of a public interest briefing dated 22 October, which has called for clarity on who authorised Tayob’s work, the scope of his mandate, how he is remunerated and what oversight arrangements govern his engagement with the ANC.

The questions also extend to Tayfin Forensics’ business relationships.

Tayob’s reported involvement in the ANC’s financial affairs came into public view during the party’s protracted legal dispute with Ezulweni Investments over unpaid invoices for campaign materials produced for the 2019 general elections.

In October 2025, the ANC and Ezulweni reached another out-of-court settlement in a dispute involving a claim reported at approximately R85 million.

The settlement followed a period of escalating legal action, during which Ezulweni pursued the attachment of the party’s bank accounts and movable assets to recover the outstanding debt.

According to an ANC statement reported by IOL on 21 October 2025, the party withdrew its urgent court application after the dispute was resolved.

The ANC said its forensic auditor, Tayob, had challenged the amount claimed by Ezulweni before the parties reached a new settlement.

The terms of that agreement were kept confidential.

Casoojee indicated that he was not keen on such a resolution and was instead pinning his hopes on court action to recover all the money owed.

Efforts to get comment from the ANC regarding this matter have been unsuccessful.

The post Spotlight On Mahier Tayob As Eltel Moves To Recover R40M Debt From ANC appeared first on The Bulrushes.

   

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