Who's paying for Malema's lavish life?

IOL.com: Malema drives a black C63 Mercedes-Benz AMG, which retails at R734 000.

It is rumoured that he also drives an Aston Martin and has a Range Rover.

He also has two bodyguards.

Malema is believed to employ Coin as a private security firm.

Security specialist Mike Bolhuis said bodyguards could cost anything from R500 a shift to R5 000 a day. A permanent bodyguard could cost anything between R30 000 and R60 000 a month.

"Bodyguards just make you feel important, like you have a standing. It's a vain move more than a necessary one. I know a couple of government employees who just have bodyguards because there is extra money floating around.

SHOOT: The taxpayer, more than likely.

clipped from www.iol.co.za African National Congress Youth League president Julius Malema is living way beyond his means ... the question is how can he afford it - or who is paying for it. With a luxurious Sandown Estate home in Johannesburg's northern suburbs and a C63 Mercedes-Benz, Malema would need to earn more than R50 000 a month to qualify for these expenses. But highly placed sources within the ANC this week said that Malema earns a salary of just over R20 000 a month from the Youth League. This would include his car allowance and medical aid, but not a loaned executive car from the organisation. At his latest party, the upmarket bash had a live band and plenty of booze, a string of visitors with Harley-Davidson motorbikes and others with bling cars. He lives in Silvela Road in Sandown Estates. Firzt Realty estate agent Beverly Feinblum said that a cluster home in or around that area could cost anything from R18 000 to R23 000 a month in rental.