AfriForum chief executive Kallie Kriel says the charges were laid in terms of the Prevention and Combating of Corrupt Activities Act of 2004.
He says that AfriForum chose to do so because if a person's lifestyle is disproportionate to the known income then it warrants investigation.
Malema is due to respond, at a media conference later today, to allegations that he has enjoyed a "lavish lifestyle".
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