Storm over Malema's lifestyle

2010-02-19 11:30
Johannesburg - ANC Youth League president Julius Malema owns two houses worth almost R5m and cars worth R1.2m, on an alleged salary of R20 000 a month.

The Star on Friday reported that Malema paid R3.6m in cash for a three-bedroom home in Sandown, Johannesburg, in December last year.

He has another home in Polokwane, for which he paid R1m in cash.

The report said the Sandown home was luxurious, with three bedrooms, an office, a TV room, a lounge, a pool and a large garden.

It was here that Malema entertained guests at a house-warming party last year which hit headlines after a police reservist said he was assaulted by the youth league leader.

This was after neighbours complained about the noise and mess.

Guests were entertained by YFM DJ Oskido and drank Johnnie Walker Gold Label whisky, which costs around R700 a bottle, and Moet et Chandon French champagne.

No comment

When approached for comment by The Star, Malema reacted angrily.

"You and your husband and your family - that's who you need to write about. You go away, just go away," he told the paper.

League spokesperson Floyd Shivambu said the paper was being nonsensical.

"I think you need to rethink what you are doing. What business is this of yours? How dare you call me and ask for comment on this?"

The report quotes sources in the league who place Malema's salary at around R20 000 per month.

As the transfer of the Sandown house went through, Malema went to a press conference wearing a Gucci suit and a Breitling watch worth about R250 000.

He also owns a black Mercedes-Benz AMG, which retails at R734 000, and reportedly drives an Aston Martin and a red Range Rover Sport. He attended a Wits University lecture on Thursday in a brand-new white Range Rover - with no number plates - which sells for R1.2m.

The controversial youth league president who is spearheading efforts for the nationalisation of South African mines, is the director of four companies according to the report: 101 Junjus Trading CC, Blue Nightingale Trading 61, Ever Roaring Investment and SGL Engineering Projects.

- SAPA

Read more on:    ancyl  |  julius malema  |  johannesburg  |  politics
NEXT ON NEWS24X

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
237 comments
Comments have been closed for this article.
 

Inside News24

 
/Fashion
 
Traffic
Lottery
 
  • Friday Muizenberg - 17:46 PM
    Road name: Boyes Drive Southbound
    HEAVY DELAYS through Kalk Bay towards Clairvaux Road due to motorists diverting from an earlier accident on Ou Kaapse Weg
  • Friday Bellville - 17:44 PM
    Road name: N1 Inbound
    DELAYS between the R300 Highway and the Durban Road exit
 
More traffic reports...
 

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

2 TV Series for R250

Get 2 TV Series box sets for R250 and save up to R148! Offer valid while stocks last. Shop now!

Mind blowing deals on beauty & fragrances

Save up to 30% off beauty and fragrances. Offer valid while stocks last. Shop now!

Up to 50% off hair care products!

Save up to 50% on professional hair care products at kalahari.com. Offer valid while stocks last. Shop now!

30% off academic books

Score a mind blowing 30% off academic books! Offer valid while stocks last. Shop now!

Mind blowing deals on electronics!

Save up to 35% on electronics. Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Huawei B683 21Mbps 3G Wireless Router

Huawei B683 21Mbps 3G Wireless Router The B683 wireless gateway (hereinafter...

From R1799.00

I'm shopping for:

Horoscopes
Aquarius
Aquarius

You may be putting too much effort into someone or something. You are doing it out of love and compassion but there is a chance...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.