Julius Malema tax matter postponed

2014-08-25 10:34

The provisional sequestration order against Economic Freedom Fighters leader Julius Malema regarding his outstanding tax bill has been extended to December 1, a clerk in the North Gauteng High Court said today.

In May, Malema’s provisional sequestration was extended and the matter was postponed.

Malema has previously admitted he had not attended to his tax affairs the way the law required. According to court papers, Malema owed the South African Revenue Service R16 million, plus interest, after failing to submit tax returns between 2006 and 2010.

In February, Judge Bill Prinsloo ordered that Malema’s estate be provisionally sequestrated.

A final sequestration order would affect Malema’s political career, as he would no longer be allowed to serve as a member of Parliament.

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