- Mabuyakhulu made headlines yesterday when the NPA's Asset Forfeiture Unit seized more than 10 of his cars
- Mabuyakhulu is a a high-ranking ANC member in KwaZulu-Natal
- He allegedly made his millions through money laundering and corruption
Michael Mabuyakhulu made headlines on Thursday morning when it was reported that the NPA Asset Forfeiture Unit had raided several locations in order to prescribe assets belonging to Mabuyakhulu. More than 10 cars were reportedly seized.
But who exactly is Michael Mabuyakulu, the million ANC bigwig?
Mabuyakhulu is currently the deputy chair of the ANC in Kwa-Zulu-Natal, but he has a long history both in the world of politics and trade unions.
He is also a member of the Executive Council on Economic Development in the provincial legislature, and was previously a regional secretary for NUMSA. Before entering politics, he facilitated peaceful negotiations between the IFP and the ANC in the 1980s.
Mabuyakhulu has a degree in management as well as an postgraduate diploma in business administration from the University of Wales.
Mabuyakhulu is a major player in KZN ANC politics. Before his arrest, there were even rumours that he might be a possible ANC candidate for KZN premier.
So how did the former trade union secretary make his millions?
Mabuyakhulu has allegedly been involved for years in graft operations. He currently faces charges of corruption and money laundering dating back to at least 2013. The bulk of Mabuyakhulu's wealth is alleged to have come from his involvement in the North Sea Jazz Festival graft scandal, for which he was arrested in 2018. He is charged with corruption and money laundering.
In 2013, R28 million of public funds was spent on a music festival which never happened. Mabuyakhulu allegedly assisted in laundering the missing money.
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