Itzikowitz disputes NCC’s ‘multi-billion-rand deal’: ‘No binding agreement was signed’

Businessman Gary Itzikowitz says no binding investment agreement was signed with the National Coloured Congress (NCC), no funders had been confirmed and no money was committed. He says the document at the centre of the dispute was a non-binding Letter of Intent drafted by the party to begin discussions about a programme intended to benefit Khoi and San communities. The NCC announced its withdrawal after leaders found what they described as Itzikowitz’s support for Israel on his LinkedIn profile. The party said it would rather walk away from the billions of rands involved than compromise its principles.