• 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

  • Rich getting richer

    Economists differ on how to tackle the chasm between rich and poor, says Leopold Scholtz.

Loading...
See More

Hawks mum on Malema arrest reports

Oct 31 2011 08:21 Sapa

Related Articles

Malema unfazed about scaring investors

Lack of funds halts Malema investigation

Hawks probe Malema for fraud

ANCYL march reaches JSE

Malema's R1.2m 'must be investigated'

Protector to probe 'Malema' tenders

 

Johannesburg - The Hawks and the ANC Youth League remained mum on Monday morning amid reports that Julius Malema faced arrest on charges related to his financial affairs.

"No, I cannot comment on that," said Hawks spokesperson McIntosh Polela.

African National Congress Youth League spokesperson Floyd Shivambu also declined to comment.

"No comment," he said, before ending the phone call.

The Times reported on Monday that a joint investigation by the Hawks and the SA Revenue Service into the youth leader's financial affairs was almost finished.

It said the probe was "as good as complete" and that it was "just a matter of time" before authorities acted.

The Sunday Independent reported at the weekend that an investigation into Malema had uncovered prima facie evidence of wrongdoing.

Malema's Ratanang Family Trust, and companies including On-Point Engineering and SGL Engineering, allegedly formed part of the investigation.

Both companies, which have been awarded tenders in Limpopo province, are also reportedly under investigation by the Hawks.

 
ancyl  |  hawks  |  julius malema  |  corruption  |  fraud

NEXT ON FIN24X

 
 
 

Read Fin24’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
3 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

Top 10 richest musicians of all time

Check out the gallery to find out who they are!

 
 

Luxury living

Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it
Watch: Flying first class has never been this luxurious!

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote

Loading...