Saturday, March 3, 2012

Malema forked out R4.6m in cash for his two homes.(News)

BYLINE: ANGELIQUE SERRAO

Julius Malema, the ANC Youth League president, owns two multimillion-rand homes - both of which he bought for cash.

This disclosure, which adds to questions surrounding how Malema affords his lavish lifestyle, comes just a day after Finance Minister Pravin Gordhan announced that targeted lifestyle audits would be conducted this year.

Malema bought his three-bedroom home in Sandown in Johannesburg for R3.6 million in December.

And, according to the deeds office, he owns two houses. The other is a house he bought in Polokwane in 2007 for R1m. Neither of the houses have bonds, they were paid for in cash.

The …

No comments:

Post a Comment