Posted on 26-09-2012
Filed Under (Jubius Dillema) by Chloe Davies

EXPELLED African National Congress Youth League president Julius Malema will be charged in the Polokwane Magistrate’s Court with money laundering amounting to R4.5m, according to a draft charge sheet.

It lists 10 accused people and companies and details a complex web of alleged corruption, fraud and money laundering — with On Point Engineering, of which Mr Malema is an “indirect shareholder”, at the centre.

On Point is one-third owned by Guilder Investments, which is in turn 50% owned by Mr Malema’s family trust, the Ratanang Trust.

According to the draft charge sheet, in 2009 the Limpopo roads department invited tenders for a programme management unit to be made up of architects, land surveyors and engineers.

The tender, valued at R52m, was awarded to On Point after “several misrepresentations”, according to the draft charge sheet. These included that the firm had nine years of experience, when it had been formed only a month before, and listed executives or senior managers “when in fact some of the said persons were never employed by, or associated with, On Point”, the draft charges allege.

Once installed as the programme management unit, the alleged corruption continued, the draft charge sheet read. On Point contracted with the department to provide drawings and designs, for which it was paid almost R8.5m. The company then entered into “secret agreements” with other service providers that also contracted with the department for engineering services.

“Most of the payments received as a result of the said secret agreements were channelled through other entities to pay for the farm which Ratanang Trust, as represented by Julius Malema, was buying for an amount of R3.9m.”

But the drawings submitted by the other service providers were identical to those On Point had provided to the department. The service providers were paid by the department, and in turn allegedly paid a “fee” to On Point.

One of these service providers, Generic Core IT, was paid R285,440 by the department for designs and drawings. It allegedly “in turn drew a cheque for … R382,685 in favour of a Mercedes-Benz dealership as part payment towards the purchase of a Viano used by Julius Malema,” the draft charge sheet read.

The charge sheet also detailed how a tender was awarded to Oceanside Trading for the maintenance of a road in Limpopo’s Mopani district. Oceanside was allegedly given preferential treatment by the bid evaluation committee — on which directors of On Point served.

Oceanside was paid more than R6m for the contract. “Soon after receipt of the aforesaid payment by Oceanside, the latter, in turn, made a payment of R1m … for the benefit of Ratanang Trust; one of whose trustees is Julius Malema,” said the charge sheet.

Although the 10 accused face various criminal allegations, Mr Malema was accused of “acquisition, possession or use of the proceeds of unlawful activities”. A schedule attached to the charge sheet set out 16 payments, from “January 2009 (to) November 2011”, which Mr Malema is alleged to have received as “proceeds of unlawful activity”.

Although the farm was purchased by another accused, Lesiba Cuthbert Gwangwa, the charge sheet said there was a “clear business relationship” between him and Mr Malema. The Gwangwa family trust owns the other half of On Point’s shareholder, Guilder Investments.

(29) Comments   


minecraft on 5 October, 2018 at 4:43 am #

Hello there, I think your site could be having web browser compatibility issues.

When I look at your web site in Safari, it looks fine however,
when opening in I.E., it’s got some overlapping issues.
I just wanted to provide you with a quick heads up!
Apart from that, excellent blog!

minecraft on 6 October, 2018 at 5:02 am #

My brother recommended I may like this blog. He was once entirely right.
This post actually made my day. You cann’t consider simply how a
lot time I had spent for this info! Thank you!

minecraft on 6 October, 2018 at 10:23 am #

I am not certain where you are getting your info, however
great topic. I needs to spend a while learning more or working
out more. Thank you for great information I was searching
for this info for my mission.

minecraft on 7 October, 2018 at 1:35 am #

I’m truly enjoying the design and layout of your website.
It’s a very easy on the eyes which makes it much more pleasant
for me to come here and visit more often. Did you hire out a developer to create your theme?
Fantastic work!

minecraft on 7 October, 2018 at 6:03 pm #

I pay a quick visit each day some web pages
and blogs to read content, except this blog offers quality based posts.

minecraft on 8 October, 2018 at 2:28 am #

Good day! Do you use Twitter? I’d like to follow you
if that would be okay. I’m absolutely enjoying your blog and look forward to new updates.

minecraft free download 2018 on 8 October, 2018 at 12:59 pm #

You really make it appear really easy with your
presentation but I in finding this topic to be really something that I believe
I might by no means understand. It sort of feels too complicated and extremely broad for me.
I’m taking a look ahead to your next put up, I will attempt to get
the hold of it!

minecraft free download 2018 on 8 October, 2018 at 1:34 pm #

Very descriptive article, I liked that a lot.
Will there be a part 2?

minecraft free download 2018 on 8 October, 2018 at 1:36 pm #

Hi there, this weekend is nice in support of me, as this occasion i am reading this enormous educational piece of writing here at my residence.

minecraft free download 2018 on 10 October, 2018 at 6:05 am #

Heya i’m for the first time here. I found this board and I to find It really helpful
& it helped me out a lot. I’m hoping to present something again and aid others such
as you aided me.

minecraft free download 2018 on 10 October, 2018 at 10:37 am #

It’s awesome designed for me to have a web page, which is
useful designed for my knowledge. thanks admin

tinder dating site on 16 October, 2018 at 1:46 pm #

WOW just what I was searching for. Came here by
searching for tinder dating site

Coconut Oil Benefits on 19 October, 2018 at 7:06 pm #

If some one desires to be updated with newest technologies then he must be go to see this web site and be
up to date daily.

Benefits of Coconut Oil on 19 October, 2018 at 10:07 pm #

you’re in reality a just right webmaster.
The site loading speed is incredible. It kind of
feels that you’re doing any unique trick. Also,
The contents are masterwork. you’ve performed a magnificent job
on this topic!

Health Benefits of Coconut Oil on 21 October, 2018 at 8:49 pm #

Hi there everybody, here every one is sharing such knowledge, therefore it’s good to read this webpage,
and I used to visit this weblog everyday.

Coconut Oil on 23 October, 2018 at 7:39 am #

Thanks in support of sharing such a fastidious thought, paragraph is nice, thats why i have
read it completely

Coconut Oil Benefits on 24 October, 2018 at 3:58 pm #

Wow, this post is pleasant, my sister is analyzing these things,
therefore I am going to let know her.

醫學美容-生物-潔髮乳-cosmetic-wiki on 26 October, 2018 at 6:07 pm #

【傳奇天后】談成名感覺 Sammi:「原來不過如此。」 Marie Claire (HK) Edition 鄭秀文(Sammi)出道29年,其推出的第一張專輯《Sammi》正是27年前。從昔日走到今天,她的受歡迎程度持續高企,演唱會門票更是一票難求,能夠紅足二十多年,除了說她是香港樂壇的

Benefits of Coconut Oil on 27 October, 2018 at 4:07 pm #

Heya! I understand this is kind of off-topic but I needed to ask.

Does managing a well-established website like yours take a massive amount work?
I’m brand new to blogging however I do write in my diary
on a daily basis. I’d like to start a blog so I can share my experience
and thoughts online. Please let me know if you have any kind of recommendations or tips for brand new aspiring
bloggers. Appreciate it!

醫學美容-纖形-外科-cosmetic-wiki on 27 October, 2018 at 11:39 pm #

KLORANE 蔻蘿蘭 【寶寶專用系列】寶寶保濕護膚乳 KLORANE bebe Moisturizing Cream Vitamin-Based 40ml的商品介紹 KLORANE 蔻蘿蘭,寶寶專用系列,寶寶保濕護膚乳 KLORANE bebe Moisturizing Cream Vitamin-Based 40ml

quest bars cheap on 4 November, 2018 at 12:01 am #

If you wish for to get a good deal from this article then you have to
apply these methods to your won weblog.

quest bars cheap on 4 November, 2018 at 6:30 am #

My relatives every time say that I am wasting my time here at web, however I
know I am getting knowledge everyday by reading thes pleasant articles or reviews.

quest bars cheap on 5 November, 2018 at 4:52 am #

Quest bars cheap fitnesstipsnew1 quest bars cheap 516999410492780544 quest bars cheap
Hi there! This blog post could not be written much better!
Reading through this post reminds me of my previous roommate!
He continually kept preaching about this. I will send
this post to him. Pretty sure he’s going to have a great read.
Thanks for sharing! Quest bars cheap fitnesstipsnew1 quest bars cheap 516999410492780544 quest bars cheap

quest bars on 6 November, 2018 at 8:39 pm #

May I simply say what a comfort to discover an individual who
really knows what they are discussing online.
You actually know how to bring an issue to light and make it important.
More people must read this and understand this side of the story.
I was surprised that you are not more popular because you definitely possess the gift.

Rafa Benitez has told Euro 2016 star Moussa Sissoko he does not want to lose him as the Newcastle manager plots a path back to the Barclays Premier League. Newcastle boss Rafa Benitez determined to keep £35m-rated Moussa Sissoko at club

Football Solutions Women's Under-19 - Teams on 9 November, 2018 at 4:30 pm #

Crystal Palace face liquidation unless the consortium attempting to buy the stricken Coca-Cola Championship club can complete the deal by Tuesday afternoon. Crystal Palace face liquidation unless consortium complete deal to buy club by Tuesday

What Equipment is Needed for Sling TV on 11 November, 2018 at 6:18 am #

Ahaa, its nice discussion regarding this article at
this place at this website, I have read all that, so now me also commenting here.

Sling TV on 11 November, 2018 at 8:44 am #

I always emailed this blog post page to all my contacts, as if
like to read it next my contacts will too.

Sling TV on 12 November, 2018 at 5:41 am #

Good post. I will be experiencing some of these issues as well..

Post a Comment
  • Payment Protection Facility

    Total Consumer Protection for out of town purchases, Read More.

  • administration