Youth league’s good finances vindicate Julius Malema – EFF

2014-08-21 14:13

The ANC Youth League’s statement that it is financially sound was welcomed by the Economic Freedom Fighters because it vindicated party leader Julius Malema.

Yesterday, youth league convenor Mzwandile Masina said the youth league’s financial problems had been resolved.

“We have attempted to pay everybody. As it stands we have no court orders before us.”

This, said EFF spokesperson Mbuyiseni Ndlozi, “inadvertently dispelled his self-made misconceptions about the commander in chief [Malema].

“The convenor of the youth league has in the past blamed the commander in chief of the EFF, who was leader of the youth league, for the supposed financial problems of the organisation,” Ndlozi said today.

“Yesterday, the [youth league] convenor indicated that the finances are in a good place.”

During Malema’s time as league leader, the organisation got itself into extensive debt, which led to liquidation cases against it.

There were allegations that millions of rands of the youth league’s money had gone missing.

Read: ANC Youth League answers on missing millions – sort of

Masina yesterday denied this, saying: “The youth league [at the time] was spending money it did not have. No one stole the money ... it was just an abuse of processes.”

Ndlozi claimed the blame initially put on Malema was part of a plot to tarnish his reputation.

“The Economic Freedom Fighters welcomes the youth league’s sobering statements that its funds are in order and have been in order all along.”

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