Investigations into the conduct of a company that provided security services to the EFF during the party's fifth-anniversary celebrations in East London were at an advanced stage.
That is according to the Private Security Industry Regulatory Authority which had launched a probe after EFF leader Julius Malema was filmed firing what appeared to be an automatic weapon at Sisa Dukashe Stadium.
The EFF said that it was a toy gun, but the video shows the Commander In Chief handing the weapon to a man who appeared to be from a security company.
PSiRA said in a statement on Wednesday that "if there had been any breach of the industry's Code of Conduct, it would act accordingly".
"PSiRA strongly condemns the alleged discharge of a firearm in an open/public space which reportedly took place during the EFF’s 5th Anniversary celebrations in Mdantsane, Eastern Cape, widely speculated to be involving a private security service provider," the statement said.
"Whilst it is the competency of SAPS to fully unravel this allegation in terms of the Firearms Control Act, PSiRA vehemently abhors any form of reckless discharge of a firearm in an open space which could endanger innocent lives."
PSiRA said all security service providers are bound by the prescripts of the Code of Conduct for Security Service Providers (2003) which prescribe certain general obligations by a security service provider towards the public and the industry itself, which state that; A security service provider must at all times act in a manner which does not threaten or harm the public or national interest and promotes good discipline in the private security industry.