DA reports Malema to Parliament’s ethics committee

This follows a report on the Daily Maverick website which alleges that Malema benefitted from funds linked to the now-defunct VBS Mutual Bank.

The website’s investigative arm, Scorpio, claims Malema benefited from the looting of VBS Mutual Bank funds through a VBS beneficiary company, Mahuna Investments.

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DA chief whip John Steenhuisen says the party has gone through the 2016/17 ethics committee submissions and Malema did not disclose the benefits as required by law.

“Obviously it is important for the ethics committee to ensure all members of parliament, regardless that they are leaders of party or ordinary MPs, are held to the same standard.”

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Speaking to the media outside the Hawks offices in Tshwane on Tuesday, Malema disputed the claims in the article by Daily Maverick.