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    UPDATE 1-Arrest warrant issued for S.Africa's Malema - report

    JOHANNESBURG, Sept 21 (Reuters) - An arrest warrant has been

    issued for ANC renegade Julius Malema on charges of fraud, money

    laundering and corruption, a South African newspaper said on

    Friday.

    The weekly City Press said on its website Malema, who has

    become President Jacob Zuma's most prominent critic, was

    expected to appear in court next week. It did not cite the

    source of its information.

    South Africa's police and prosecuting services declined to

    comment. Malema's lawyers and spokesman were unavailable.

    At a news conference on Tuesday, Malema dismissed another

    report of his imminent arrest as nothing but rumour generated by

    leaders of the ruling African National Congress (ANC), from

    which he was expelled for indiscipline earlier this year.

    However, he has been under investigation by the police's

    elite Hawks detective division for alleged corruption relating

    to the award of government contracts in his native Limpopo

    province.

    The political stakes have also been raised in the last six

    weeks, with Malema using the Aug. 16 police shooting of 34

    striking miners at Lonmin's Marikana mine to try to relaunch his

    political career and remove Zuma from the leadership at internal

    ANC election in December.

    In an update to its online article, City Press quoted Malema

    as saying: "not heard anything. I think if there is such a

    thing, I will be open about it."