EFF faction accuses Malema & Shivambu of corruption

Recently suspended EFF MPs claim the two are the only people who know how the EFF spends its money.

Suspended EFF MP Andile Mngxitama addresses media during a press conference in Johannesburg, 17 February 2015, Picture: Vumani Mkhize/EWN.

JOHANNESBURG - An Economic Freedom Fighters (EFF) faction is heading to the Western Cape High Court to ask for an independent lifestyle audit into alleged mismanagement within the party accusing Julius Malema and Floyd Shivambu of being corrupt.

The faction, led by suspended EFF Members of Parliament (MPs) Andile Mngxitama and Khanyisile Litchfield-Tshabalala, claim Malema and Shivambu are the only two people in the party who know how the EFF spends its money.

A march will also take place in Mangaung, Free State on Saturday where the faction will voice its support to what they called 'saving the soul of the EFF' from hooliganism and corruption.

Mngxitama says he has proof to back all the claims, but due to legal advice, will not be able to disclose details for now.

"Should we give the media the credit card record of where Julius bought what, we have that. [But] we submit those documents to the court process."

On Tuesday, a small group of EFF members tried to stop Mngxitama from holding a media briefing but failed.

EFF MP Lucky Twala has admitted he had a firearm with him as they entered the premises after their previous attempt to brief the media in Cape Town last week turned violent.

Mngxitama claims party leaders were instructed to stab him last week.

WATCH: Mngxitama's battle for the soul of the EFF