Julius Malema appeared in the Polokwane Regional Court this morning, and was officially charged with money laundering. This after he allegedly “received proceeds from unlawful activities”. He was granted bail of R10 000.
Four business associates of Malema were charged with fraud, corruption and money laundering yesterday. They all insisted that they are innocent regarding the R52 million tender fraud they stand accused of. They were each granted bail of R40 000.
Addressing supporters outside court afterwards, Malema said the money laundering charge is only a schedule one offence, and “not a serious charge”. According to him, he was told that he was going to be tied to corruption and fraud, which, in his opinion, were much more serious offences. The case was postponed to 30 November. In the video below you can view footage of Malema adressing the crowd outside the court, along with a gallery of all today’s excitement.
