Malema: Money laundering not serious charge

2012-09-26 12:00

Cape Town - Expelled ANC Youth League leader Julius Malema on Wednesday said the charge brought against him isn't a serious one, after he was granted bail of R10 000 by the Polokwane Magistrate's Court.

Malema was earlier charged with money laundering, for allegedly "receiving proceeds from unlawful activities".

Addressing supporters outside court, Malema said the money-laundering charge is only a schedule one offence, and not a serious charge.

He said he was told that he was going to be tied to corruption and fraud, which were much more serious offences.

Hawks spokesperson McIntosh Polela, however, told Sapa the money-laundering charge should not be taken lightly.

"Money laundering is not a frivolous charge, and it can incur a sentence of 15 years."

Malema questioned the warrant for his arrest, saying he made it clear he would present himself to court.

He also took a dig at the investigating officer in the case saying “you have done all your investigations for over a year, you never spoke to me”.

"I’ve never been part of any criminal activity, I will never be part...I’m not corrupt, I’m not part of any criminal activities.

"Today they proved it. That they do not have a case of corruption against me, of fraud against me."

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- News24