Malema denies building R16m house

ANCYL leader Julius Malema

ANCYL leader Julius Malema

Published Jul 20, 2011

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ANC Youth league leader Julius Malema denied on Wednesday that he was building a R16 million house in the posh Johannesburg suburb of Sandown, insisting that he was not a rich man.

“A house costing R16 million 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 R16 million,” 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 Bank.

“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. - Sapa

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