Malema linked to fraudulent tender

2012-09-23 14:38
Julius Malema. Foto: Brett Steele

Julius Malema. Foto: Brett Steele

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Johannesburg - Public Protector Thuli Madonsela has found that former ANC Youth League leader Julius Malema made his millions from a fraudulent tender, according to a Sunday report.

Although Madonsela could not find evidence that Malema interfered in the tendering process, she found that his Ratanang Family Trust benefited "improperly", City Press reported.

Madonsela proposed that legal action be taken to recover the money Malema received.

This was according to a copy of Madonsela's provisional report into the R52m tender won by On-Point Engineers from the Limpopo roads and transport department.

Malema's family trust was one of the two shareholders in On-Point.

According to City Press, Madonsela's investigation also found that On-Point acted corruptly by signing back-to-back agreements with subcontractors.

"Due to the fact that the awarding of the contract to On-Point was based on deliberate misrepresentations and non-compliance with procurement prescripts, its shareholders, including the Ratanang Family Trust... benefited improperly by means of the payment of 'dividends' and other payments made to it by On-Point," the newspaper quoted from Madonsela's report.

The public protector recommended that the tender be immediately cancelled and that the National Prosecuting Authority and Asset Forfeiture Unit urgently consider criminal action.

Madonsela also proposed that the Master of the High Court investigate the flow of money into Malema's trust, according to City Press.

- SAPA
Read more on:    ancyl  |  thuli madonsela  |  julius malema  |  politics  |  limpopo tender trial
NEXT ON NEWS24X

Horror R501 crash

2015-03-28 20:15

SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
63 comments
Add your comment
Comment 0 characters remaining

Inside News24

 
SPONSORED CONTENT
Keep your bike (and yourself) safe with these tips 2015-03-23 09:16

Whether you’re a newbie pedaller or a seasoned cyclist, knowing how to stay safe is the best way to enjoy your time on your bike.

/News
Horoscopes
Aquarius
Aquarius

Excess, desire and indulging in extravagant and enjoyable things are highlighted today. Practice self control and be consciously...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.