Economic Freedom Fighters (EFF) President Julius Malema rose through the ranks of the African National Congress (ANC) and later founded the party in 2013. He performs an outstanding job of helping the less fortunate and exemplifies the problems facing a society where wealth serves as a guiding force and privacy is the last, best line of defense. According to yet another audit sponsored by the organization, the ANC and the Democratic Alliance (DA) enjoy a shadowy position of authority. Maybe many are worried about what will happen after the truth is exposed. The leader of the Economic Freedom Fighters (EFF), Julius Malema, is the content owner of two opulent homes in the heart of Johannesburg’s Sandton business district.
According to Nkululeko Masipa, our political and economic elite are answerable to no one except themselves, and as a result, it is the responsibility of every member of the citizenry to know what is going on in their personal and responsible life. Beyond being vastly larger and more extravagant than the mansions of other prominent South African lawmakers, Julius Malema’s residence is also fundamentally more extravagant. Do we have good reason to believe that he is a very wealthy person?
There is little doubt that Malema is not a billionaire, but questions about his spending habits still arise.
Shortly after being accused of corruption, he liquidated his most valuable asset and unloaded all of his other holdings in an effort to recoup the public funds he was said to have stolen. Do you think he can afford to buy such a large house given his current financial situation? Check out the cave dwelling.
The former leader of the ANC Youth League has a reputation as a mysterious figure who isn’t used to having his activities publicized. According to South Africa’s leader, his situation in a secretive venture makes him one of the exploiters.
Malema once boasted to the Independent that he was in the process of building an R16 million mansion in Sandown, Johannesburg. He had previously stated that he would cooperate fully if the South African Revenue Service initiated an assessment against him in relation to the property.
According to Julius Malema, who has claimed he would consider giving up his property if the region in which he lives, Sandton, were to be seized in the name of the public interest. When he first met with the Chamber of Mines to discuss nationalization, he insisted that they have the meeting in a depressed mining town so that the mining tycoons could “understand where we’re coming from.” According to him, the South African government is interfering with his plans by publicly reprimanding the country in the media, a move which he recognizes as justified.
Because of his lifestyle choices, Malema has been linked to the VBS scandal. It might be said that he is either tremendously wealthy or the VBS top cheat. Leave a comment below, give it a “like,” and share it with your online friends.