WATCH LIVE: Julius Malema press conference
LIVE BLOG: 'I don't engage in illegal dealings' - Malema
Economic Freedom Fighters leader Julius Malema has invited five journalists to interrogate him publicly on the VBS Mutual Bank saga and other past scandals linked to him
"In the YL, I earned R45,000 as the president," Malema. "My family trust was involved in business, I was not living beyond my means."
He says he was renting the Sandton house he upgraded for millions. He says he was told by ANC elder leaders to buy and upgrade the house so that more people could be accommodated when they visited. He says money was raised as a donation to pay for the upgrades.
"My brothers have done nothing wrong. And where thy've done wrong, they've ben held accountable. Many of them have been questioned by Hawks... I can't say to them don't be engaged in business, I can only say don't engage in corrupt activities," Malema says. "In my family, we don't have a history of criminals, No one has ever engaged in criminal activities."
In a series of tweets, Malema explained the decision to host the interrogation came after SABC senior political reporter Samkelo Maseko asked the NPA, during its media briefing update on its progress on the bank probe, on who to hold accountable for the collapse of the mutual bank, if it would be investigating Malema and some EFF members who were implicated in the looting of the bank.