Data provided by iNet BFA
Loading...
See More

Malema denies building R16m house

Jul 20 2011 12:34 Sapa

Company Data

BARCLAYS AFRICA GROUP LIMITED [JSE:BGA]

Last traded 168.71
Change 1.21
% Change 0.01
Cumulative volume 456096
Market cap 143.02bn

Last Updated: 02/09/2014 at 04:25. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

ANCYL: Sars must not take orders from DA

DA calls for tax probe into Malema

Business to take on Malema

Malema: Manuel has no plan

Business to be proactive on mines grab

Sars: No request for Malema audit

 
Johannesburg - ANC Youth League leader Julius Malema denied on Wednesday that he was building a R16m house in the posh Johannesburg suburb of Sandown, insisting that he is not a rich man.

"A house costing R16m to construct only exists in the imagination of right-wing, narrow-minded and obsessed white people who always think Africans cannot and should not build houses of their own.

"Whether we are building a house or not does not belong in the media, and even if there was such a house being built it would certainly not cost anything close to R16m," Malema told reporters in Johannesburg.

He declined to give details of his financial interests, saying he was not a public figure.

He said he had a house in Sandton and a Mercedes Benz but that they both belonged to Absa Group [JSE:ASA].

"Instead of being rich, I remain poor but credit-worthy," Malema said.

He was responding to allegations in the Sunday Independent at the weekend that he was building a mansion in Sandown which would include an underground bunker.
ancyl  |  julius malema  |  sa politics
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
14 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

“Hippie sense makes business sense,” an entrepreneur said, adding that "purpose" was core to success.
 

Money Clinic

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