Juju Turns 40: EFF Shares Snippet into Malema's Birthday Celebration

Solarion

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Nice big wooden table that. It's magnificent. That's some fine woodworking skills.

Did you build it Juju?
 

Bewlen

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Comrade-in-chief Flipflop Enema seems to have a growing midsize again. Seems he will kill for a Twinkie.
 

HunterNW

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Trip over your cake and die, p0es.

PS, hope the candle set you on fire.

PS, say howzit to Uncle Bob.
 

BBSA

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Cosmik Debris

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People who stole VBS money are before the courts, did you see Julius there??

Any answers?

The lifestyle and political aspirations of EFF president Julius Malema were also funded from the R16m robbed from VBS Mutual Bank. Scorpio’s investigation into the bank statements of VBS-beneficiary and slush fund Mahuna Investments show how the life savings of the poor and vulnerable VBS-depositors, as well as municipalities around the country, were transformed into school-related expenses for Malema’s son, and were used to pay for Gucci, Louis Vuitton and tailored suits from designer Linda Makhanya, a Polokwane party venue and the EFF. Scorpio can now reveal details of how at least R5.3m in VBS loot was siphoned off to Mahuna Investments, and how the bank card linked to this account followed Malema around the country, maintaining his personal lifestyle.

In July 2018, hundreds of panicked people queued for days at the headquarters of VBS Mutual Bank in Thohoyandou, Limpopo, in an attempt to extract their money from the failed bank. For some, the flames of panic were fuelled by the knowledge that their entire life’s savings were deposited at VBS.

Meanwhile, during the same month in 2018, Julius Malema utilised beneficiary of VBS-loot Mahuna Investments’ bank card to spend R900,000 on Gucci and Le Coq Sportif in Sandton City (R27,094), the Durban July (R30,860), the Hampshire Hotel in Ballito (R11,560), the Polokwane party venue Mekete Lodge (R416,900), and the Nando’s in Vryburg (R149).

If one VBS depositor managed to save R2,000 per month, it would have taken them more than one year to fund Malema’s Gucci and Le Coq Sportif expenses at Sandton City in just July 2018.

The R900,000 Malema spent during July 2018 from Mahuna Investments’ business account at Absa is part of Malema’s share of the loot – at least R5.3-million robbed from VBS Bank. Without calculating tax implications, the VBS-sourced millions are about four times Malema’s annual salary as a member of Parliament.

CIPC documents show that Malema’s cousin, Matsobane Phaleng, is the official owner of Mahuna Investments and its banking account. However, Scorpio investigation shows that Malema used the Mahuna Investments account as his personal slush fund and alter ego.

(Neither Malema nor EFF spokesman Mbuyiseni Ndlozi reacted to emailed, detailed questions sent to the EFF top management on Thursday 5 September 2019. Malema has previously denied any link to Mahuna Investments or the VBS robbery.)

In his response to Scorpio’s question, Phaleng claimed that the expenses in Mahuna Investments’ bank statements are all his own, that the company is a legitimate business, and that he has done no wrong. He further denies that the account, of which he is the legal owner, is a recipient of VBS loot and says the company has paid all the relevant taxes.

Scorpio attempted to get video footage from several shops where the acquisitions were made. Some of the shops delete their video footage every few months, and some cited legal considerations or fear for getting trashed as a reason for not sharing their footage with Daily Maverick. A close associate of a high-end shop confirmed that Malema is a “well-known” customer who has his “own shop assistant”. A second source in a managerial position confirmed the first assertion, adding that “… Julius visits the shop when it is quiet, and asks for unbranded bags before he leaves”.

In this article, we will dissect Phaleng’s claims along with an analysis of our data. We focus on the R5.3-million in VBS money funnelled to Malema, which forms part of the illegal R16.1-million Brian Shivambu’s company Sgameka Projects received from VBS. It is crucial to note that Sgameka Projects was not a legitimate company and provided no legitimate service to anyone. The only money it ever received was derived from VBS Bank. The company offered no service in return, paid no taxes and employed no staff. Everything flowing out of Sgameka Projects is, therefore, proceeds of crime. Sgameka Projects paid a total of R4.8-million in several tranches to Mahuna Investments, the company’s VBS bank statements show. A further analysis of the Standard Bank accounts of Floyd Shivambu’s slush fund Grand Azania details how R500,000 was also paid over to Mahuna Investments.
 

Cosmik Debris

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Here's a present for you Juju:

the-race-card-free-ride-for-life-play-for-unfair-18995533.png
 

Cosmik Debris

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The Champ and Excalibur; - Have you ever joined your Commander in Chief at this venue? He's a full member of this colonialist whitey hangout:

Julius Malema and his wife Mantwa keep their private life completely secluded from the outside world. So in a bid to seek further refuge, the couple have hot-footed it to Sandton’s Inanda Club – an upmarket facility which only opens its doors to the rich and famous.

The Sunday Times has revealed that the pair have been listed as new members. Of course, the news will strike political observers as something of a contradiction: Malema has forged his identity as a crusader for the working class, and his decision to hobnob with Johannesburg’s elite will only add fuel to the fire of his detractors.

However, the country club offers all the exclusivity someone in the public eye could wish for. Inanda has a set of private bars, members-only dining rooms and some wonderfully-secluded outdoor seating areas.

A quick glance at their website suggests that Inanda very much conforms to the country club stereotype, too. Members can partake in hunts lead by horseback, and they might as well stay saddled in because there are regular games of polo on the calendar, too. Tally Ho, chaps!

It’s understood that Julius Malema has been listed as a member of Parliament on “the new members board”, whereas his wife Mantwa has been listed as a director. All we know about her work life is that she has a career in accounts, and she’s clearly doing very well for herself.

Inanda is only 4km away from Juju’s Hyde Park property – the one which he rents from alleged illegal tobacco kingpin Adriano Mazzotti. Having friends in high places seems to be working out quite well for the Malemas.




Inanda-logo-centred.png


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Cosmik Debris

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The real Malema.


You want me to watch 50 minutes of propaganda? Ain't gonna happen. But here's the real Malema for you:

Investigations found that the EFF received over R1.8-million in illicit VBS funds. An additional R430,000 was also paid in three tranches towards a luxury Sandown property where Malema used to stay since 2012, a property which has recently appeared to have been bought by and registered under the EFF’s name.

According to reports, the funds flowing from VBS were channelled to Malema, his family and the political party he founded in 2014.

What the EFF has done is to identify psychology as a state of war - which psychological warfare. The majority of their voters are in the township and will accept their constituency uncritically. They also have the middle class voters which tend to be critical to some of their decisions.

— Dr Ntsikelelo Breakfast, Political analyst
The Economic Freedom Fighters and its president Julius Malema benefited from the VBS Mutual Bank heist through a crude scheme run in a similar manner to the On Point Engineering corruption debacle of 2012.

"Only a month after Julius Malema appeared in the magistrate’s court for money laundering, the Public Protector has released her report into the company he co-owns, On-Point Engineering. The findings are damning and read like a guide on how to turn connections and lies into Range Rovers and Breitlings.

Aurecon South Africa must have been disappointed in October 2009 when its bid to the Limpopo Department of Roads and Transport was disqualified. The company, part of an international group of engineering and management specialists, had formed a consortium to win a tender for a new project management unit. Its bid was thrown out over of a technicality on the cover letter.

Sixteen bids were submitted to the Limpopo department. Six were immediately disqualified for submitting a bid in one rather than two envelopes. Three more bids were disqualified for lacking qualifications, experience and skills. Cover letter technicalities claimed another three. In the end, 15 of 16 bids were disqualified. On-Point Engineering remained and was awarded the R52-million contract."

And

Malema's lawyer claims he shot farm workers in self-defence. Attempted-murder accused Tumi Mokwena, who has acted as EFF leader Julius Malema's lawyer, randomly fired shots at farm workers in a salary dispute, the Polokwane High Court heard on Monday. A security supervisor at Zebediela citrus farm, Klaas Mboweni, who lost a middle finger in the shooting incident, testified that Mokwena did not fire any warning shot before taking aim, contradicting the accused's testimony from the day before.

Youtube v=vFU4L9bv74E

And

In a legal address, obtained by PoliticsWeb, following allegations of illicit activities, Mazzotti’s legal team wrote:

“Mr Mazzotti did make a donation of R200 000 to the EFF prior to its registration. This has always been in the public domain and he has always been transparent about the payment.”

This is in reference to a payment made in 2014 when the EFF needed financial backing to register as a political party. But it isn’t the only transaction rumoured to have taken place between the two unlikely counterparts.
 
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