Julius Malema
Julius Malema is Leader of the Opposition (EFF) (EFF); this is their 2024 asset-declaration record. Aspects of their declaration or assets are currently under investigation. Documented conflict-of-interest context: All assets held in trusts to evade public declaration while living an ultra-luxury lifestyle inconsistent with declared income. Party deputy president (Shivambu, now MKP) confessed to VBS theft that flowed through shared trust network.
Declared assets — 2024
Immovable properties
Zero properties declared personally. Lives in a luxury Sandton estate and owns a farm — both held through family trust structures.
Listed shares
Not declared / not available
Unlisted companies
Ratanang Family Trust, Munzhedzi Trust, Mazimbu Trust — shield virtually all assets from personal declaration requirements.
Business interests
All channelled through trust network. SARS previously assessed R16.5m tax debt (2014-2015) — trusts received direct payments from On-Point Engineering (state tender beneficiary).
Gifts
Not declared / not available
Liabilities
Historical R16.5m SARS debt — resolved through undisclosed settlement. No current liabilities declared.
Notable changes
On-Point Engineering fraud trial linked to trust payments — case ongoing. Trust funds traced to VBS Mutual Bank looting (Floyd Shivambu confession 2024).
Conflicts of interest
All assets held in trusts to evade public declaration while living an ultra-luxury lifestyle inconsistent with declared income. Party deputy president (Shivambu, now MKP) confessed to VBS theft that flowed through shared trust network.
Unexplained wealth
Sandton luxury home, farm, fleet of luxury vehicles — all trust-held. Lifestyle vastly exceeds any declared income source. Historical SARS assessment suggests undeclared income.
Source — Parliamentary Register + SARS court filings + On-Point trial documents
Declaration year 2024 · HIGH confidence
Other politicians
Compiled from the Parliamentary and Executive Members' Ethics registers, provincial legislature profiles, and published investigative reporting. Where declarations are not publicly accessible, the data gap is recorded as-is and never filled with estimated figures. Conflict-of-interest and unexplained-wealth notes are contextual analysis of public records, not findings of guilt.