- Julius Malema has rubbished a recent report claiming that he used VBS Mutal Bank loot to fund his lavish lifestyle
- The EFF leader remained unimpressed, saying that his lifestyle has always remained the same
- This comes after journalist Pauli van Wyk released details of an investigation claiming Malema had blown his allegedly ill-gotten funds on parties, fashion and groceries
The Daily Maverick recently released a report accusing Julius Malema of spending his VBS 'loot' on Armani, Louis Vuitton and Gucci.
During a media briefing, the Economic Freedom Fighter encouraged journalist Pauli van Wyk to take her findings, which included a steep R500 000 Durban July bill, and open a case against him:
"Those allegations are absolute rubbish, there is nothing new about the Daily Maverick's allegations. I think when Pauli van Wyk goes dry, she looks for something in the statements and re-reports the same story."
Malema further insisted that his rise to popularity at the helm of the Red Berets had not changed his lifestyle in any way, commenting that:
"Louis Vuitton and Gucci, I don't wear it now, I have always worn them, I make no apologies for that. I don't buy them with VBS money, I bought them before VBS."
Briefly.co.za reported that the EFF leader had been accused of benefiting from the looting of the now-defunct VBS Mutual Bank.
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