Julius Malema, 'the trust-fund kid'

A family trust of which ANC Youth League leader Julius Malema is the trustee may explain how he has been ­bankrolling his lifestyle, City Press reported on Sunday.

'Mi casa ain't su casa'

Julius Malema insists he's a private member of the public and isn't obliged to disclose the ins and outs of his finances. Watch the video of the press conference where he lambasts the media for infringing on his rights.

City Press editor Ferial Haffajee said Judge Colin Lamont had found that Malema was a public figure and that publishing the story was in the public interest.

The paper reported that Malema's trust -- the Ratanang Family Trust -- named after Malema’s five-year-old son, was registered at the Pretoria High Court on May 13 2008.[Mail&Guardian]