President Kgalema Motlanthe and his longtime lover will soon move into a plush R7-million house.
The sprawling Bali-style home in Houghton, Johannesburg, boasts five en suite bedrooms and three lounges.
The couple will rent the single-storey 8th Street home from businessman Peter Malungani, who signed a deal to buy the house a few weeks ago in the name of one of his companies, Klaprops 83.
The latest agreement followed the collapse of an earlier deal for the same house last September, believed to have been done on behalf of Motlanthe. The earlier agreement was brokered by De Beers vice-chairman Manne Dipico, and signed in the name of the Kagi Family Trust.
The Sunday Times has established that:
He is believed to be separated from his wife.
When he leaves office, he is entitled to a salary for life and continued security at taxpayers’ expense.
Malungani, founder and chairman of black empowerment company Peu Group, said on Friday he had bought the house as an “investment”.
He denied buying the home for the couple but said “they had shown an interest” in leasing it.
“I haven’t taken transfer yet, but I’ve agreed in principle that they can lease the house,” said Malungani, who is a also a director of Investec Bank and Investec Asset Management Holdings.
Last December, the owner of a Saxonwold property occupied by Motlanthe accused him of leaving behind damage costing R500,000 following the collapsed sale of the house.
Cheques for the rental of that house had come from companies owned by controversial ANC benefactor Sandi Majali.
- Sunday Times
The sprawling Bali-style home in Houghton, Johannesburg, boasts five en suite bedrooms and three lounges.
The couple will rent the single-storey 8th Street home from businessman Peter Malungani, who signed a deal to buy the house a few weeks ago in the name of one of his companies, Klaprops 83.
The latest agreement followed the collapse of an earlier deal for the same house last September, believed to have been done on behalf of Motlanthe. The earlier agreement was brokered by De Beers vice-chairman Manne Dipico, and signed in the name of the Kagi Family Trust.
The Sunday Times has established that:
- Motlanthe visited the house last September, just days before becoming president;
- Security personnel vetted the property before Motlanthe viewed it;
- His lover, businesswoman and ANC colleague Gugu Mtshali, has been to the house at least twice;
- Architects working on plans for a new guardhouse have already been commissioned; and
- The couple plan to buy some of the house’s antique furniture.
He is believed to be separated from his wife.
When he leaves office, he is entitled to a salary for life and continued security at taxpayers’ expense.
Malungani, founder and chairman of black empowerment company Peu Group, said on Friday he had bought the house as an “investment”.
He denied buying the home for the couple but said “they had shown an interest” in leasing it.
“I haven’t taken transfer yet, but I’ve agreed in principle that they can lease the house,” said Malungani, who is a also a director of Investec Bank and Investec Asset Management Holdings.
Last December, the owner of a Saxonwold property occupied by Motlanthe accused him of leaving behind damage costing R500,000 following the collapsed sale of the house.
Cheques for the rental of that house had come from companies owned by controversial ANC benefactor Sandi Majali.
- Sunday Times
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