Emelia Motsai
1 minute read
12 Apr 2014
8:00 am

Malema’s trust fund is ‘doing well’

Emelia Motsai

Support for the Julius Sello Malema (JSM) Trust Fund has "exceeded the expectation of trustees", but they would not disclose the exact amount raised so far.

FILE PICTURE: Economic Freedom Fighters (EFF) leader Julius Malema. Picture: SAPA

“We had expected a slow start, but we are surprised by the level of interest and that people have volunteered to give money even before we started with our marketing,” said Mandisa Mashego, chairperson of the fund.

Mashego said the account for the fund was opened on Wednesday and people have been putting in money already. She would not disclose the exact amount received so far.

The fund was started in order to raise money for the Economic Freedom Fighter’s leader Julius Malema. Malema owes the taxman R16 million in unpaid taxes, penalties and interests.

The trust aims is to raise R16 million for Malema by the end of April – but if that did not happen it was “not the end of the world” because they still had time before Malema’s due date, said Mashego.

She said they would kick off their marketing and fundraising only after they have a Facebook and Twitter account and those accounts would only go up next week.

The trust’s website was also up and it too had received and healthy amount of visitors.

“Our IT guy has said for a two-day-old website, it was doing very well.” She did not have the exact number of visitors.

“It is a formal entity and we need to run it professionally.” She said the experts would be offering their services as pro-bono work.

According to Mashego the fund would continue even after Malema’s debt had been paid and the money would be given to communities who need it the most.