| DA to report Malema to Parliament for not declaring his interest in investment firm

- | 4 months ago

The DA intends reporting EFF leader Julius Malema to Parliament after finding no sign of his declaration of interest in Mahuna Investments, reportedly a fund managed by his cousin and injected with money from the collapsed VBS bank.

  DA MP John Steenhuisen said there was no sign that Malema had declared an interest in the company Mahuna Investments, as required for MPs‘ interests for 2017 and 2018. “Mr Malema does not declare Mahuna Investments in any form for either of these years – not under Shares & Financial Interests, nor under Gifts & Hospitalities, nor even under Sponsorships or Benefits,” stated Steenhuisen.

This was after s investigative unit Scorpio reportedly matched Malema‘s movements based on his social posts and public diary, to expenditure on bank statements linked to Mahuna Investments, a company that reportedly belongs to Malema‘s cousin.

read full story