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Construction halted at Malema's Sandton home

By Beeld, Sapa | Apr 13, 2012 | COMMENTS [ 68 ]

Building was halted a week ago at the Sandton construction site of Julius Malema's new home - He reportedly owes the builder R400,000

Beeld newspaper reported that Malema was allegedly unable to settle debt of R400,000 owed to his building contractor at the end of March, after which the company decided to transfer its workers to another project in Bedfordview.  

According to Beeld, Malema tried to transfer money from two accounts to pay Kwandisa Construction, but his second transfer failed.

The SA Revenue Service had also reportedly approached Kwandisa Construction with queries about Malema’s financial affairs.

Federico de Gregorio, the owner of Kwandisa Construction, confirmed to the newspaper on Thursday that building had been “temporarily halted”.

He could neither discuss nor confirm rumours that Malema’s account was in arrears, or divulge details about the outstanding amount.

Malema bought the property in September 2009 for R3.6 million, then demolished it to make way for a new three-storey home with an underground parking garage.

COMMENTS [ 68 ]

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A yise hela mali kahari mpundu,va tlangela entirweni buti JUJU va talela hete vaya vitanela ti taxi to ya e seshigo hi ndlala ANC a hiya mhana vona.

Apr 17, 2012 3:19 | 0 replies

@MSG_S what i mean is, even if he cant afford his "plans" he has nothing to lose as he never worked for that money in da first place.... even if he get 100k that would be more than enough.

Apr 13, 2012 2:29 | 0 replies

Malema has abondoned the construction of his Santon home and has moved to the South of Johannesburg.

In other news a baboon is on the loose in Meyerdal Estate.

Apr 13, 2012 2:27 | 0 replies

Malema the big bozo! He's the itch on the end of my ...!

Apr 13, 2012 2:22 | 0 replies

Charley4sure - Hehehe, perhaps it shows you, that you have been backing the wrong horses. You cheered for Jacob, now you h@e the man. You cheered for Julius. Just waiting for your realisation to kick in, like it did with Jacob.

Apr 13, 2012 2:19 | 0 replies

Into,

If you are going to accuse people of not understanding anything you've got to convince them you know what you are talking about and you hold knowledge that is superior to everyone else. It is not the media that instructed the builder to stop construction is it?

Give us some credit dude, if you can't put two and two together that is your problem.

Apr 13, 2012 2:14 | 0 replies

Eish!
Malema once told us that he is living out of handouts.
Where is Truthhurts today? malemas' baby

Apr 13, 2012 2:14 | 0 replies

I blame Desmond Tutu, for the troubles faced by the son of soil. This
was supposed to happen to Zuma not the commander in chief. I guess
he prayed for the wrong person. Long live Juju.

Apr 13, 2012 2:13 | 0 replies

i still do not understand.. you are reporting gore he is broke!!! just when i thot you @ Sowetan you coming alright you go bak right back to the darkness. you have not seen his bank balance? No.. ke bare bare - go Jump and fly a kite while at it....

Apr 13, 2012 2:12 | 0 replies

LEEMINAJ
so sithini????? he can still sell the land moss!!!
.................................................................................

For how much , R3.5million? In his dreams. It is a land full of rubble now.

Apr 13, 2012 2:11 | 0 replies

All of you bloggers here dont understand politics.....nothing has happened to Juju's house. Its just that media and politicians want to keep you tip-toed!

Apr 13, 2012 2:9 | 0 replies