Julius Malema on CNN recently..

Adriaan Basson, the assistant editor at City Press, announced a little while ago on Twitter that he had learnt that an arrest warrant for Julius Malema has been issued.

Malema is expected to appear in court next week.

Basson said City Press would provide more information soon.

BREAKING: I’ve been told that an arrest warrant for Julius Malema was issued this morning. Very reliable info. Appearing in court next week.

— Adriaan Basson (@AdriaanBasson) September 21, 2012

UPDATED: The City Press had the following information:

Malema is expected to appear in court in Pretoria or Polokwane next week on charges of money laundering, corruption and fraud.

The case relates to his Ratanang Family Trust and its shareholding in On-Point Engineering, a company that has made millions from Limpopo government tenders.

It was still unclear whether Malema would be jailed before he appears in court. His lawyers previously urged the National Prosecuting Authority and the Hawks not to arrest him but to tell him when and where to appear in court.

Malema reiterated this week that he would appear in court if charged.

[Source: Twitter]