Absa had every right to wait 15 months before it closed down the accounts of Gupta-owned companies‚ .
The winner of the competition will walk away with a recording deal and an opportunity to sing for multitudes of people at the party's centenary celebrations next year.
Organiser of the ANC event, Mpho Tsedu, said people who sing liberation struggle songs stand a better chance of winning.
"One of the aims of this talent search is to sensitise young people about the history of the liberation of our country. We will not exclude anyone who prefers to sing about something else, but those who sing liberation lyrics will stand a better chance," Tsedu said.
Competitions will be held at the Maponya Mall in Soweto on May 7 and in Pretoria on May 14. The venue will be announced later.
YFM DJ Dineo Ranaka, actress Florence Masebe and singer Zwai Bala will be the judges.
Tsedu said the talent search was not meant as an election campaign for the ANC.
"It will go beyond the elections and, yes, the ANC wants young people to vote for the party and we are positive that the talent search will woo them to the ANC. The ANC is their home, and young people should know that they can come to the ANC for their entertainment.
"This initiative is based on what young people of all races have said they want.
"The ANC aims to come up with a music album that represents blacks, Afrikaners, Indians and whites," Tsedu said.