Bloomberg News

S. Africa’s ANC Says Malema Must Explain Graft Allegations

July 29, 2011

(Updates with ANC comments in fifth paragraph.)

July 29 (Bloomberg) -- South Africa’s ruling African National Congress said it wants Julius Malema, the leader of its youth wing, to explain allegations made in a Johannesburg newspaper that he was paid to help businesses win government contracts.

Malema, who is pushing for the nationalization of mines and banks, was the sole trustee of a fund named after his 5-year-old son that received the payments and was used to finance his living expenses, City Press reported on June 25. Malema, 30, said yesterday that the trust was used to help “the poorest of the poor.”

The ANC will give Malema “a chance to explain” the claims that he used the fund to “pay for his lavish lifestyle,” the Johannesburg-based party said in its ANC Today newsletter, distributed by e-mail today.

Having grown up in a township outside the northern town of Polokwane, Malema is now driven around in a white Range Rover and sports a Breitling watch. He has refused to disclose details of how his lifestyle is funded.

The ANC cited executives of its youth league as saying Malema was a victim of a “conspiracy hatched by white capitalists, imperialists sucking the blood out of Africa and those opposed to his plans to nationalize mines.”

--Editors: Philip Sanders, Ben Holland

To contact the reporter on this story: Mike Cohen in Cape Town at

To contact the editor responsible for this story: Philip Sanders in London at

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