Malema Limpopo farm seized

2013-03-19 14:19
Julius Malema (Picture: AFP)

Julius Malema (Picture: AFP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Johannesburg - A Limpopo farm said to be owned by fraud-accused Julius Malema has been seized by the Asset Forfeiture Unit, the National Prosecuting Authority (NPA) said on Tuesday.

"On [Monday], the Asset Forfeiture Unit of the NPA was granted a forfeiture order for a farm that is alleged to belong to Mr Julius Malema as part of a money laundering scheme," spokesperson Medupe Simasiku said in a statement.

"The farm is estimated to be worth about R4m. This emanates from a freezing order on the same farm that was granted on 5 December 2012 by the North Gauteng High Court."

Earlier on Tuesday, The Times newspaper reported Malema missed the deadline to challenge the SA Revenue Service's (Sars) application for the sequestration of his estate to cover a R16m tax bill.

The former ANC Youth League leader filed a notice of intention to oppose the application in the North Gauteng High Court in Pretoria on 18 February.

He had until last Monday to file his answering affidavit.

Simasiku said the farm was known as the remaining extent of the farm Schuilkraal 623, and was registered in the name of Gwama Properties.

"The sole director of Gwama is Mr Lesiba Cuthbert Gwangwa," he said.

"It is noteworthy that the AFU application was neither opposed by Mr Gwangwa or his company Gwama Properties, nor by Mr Malema, who is alleged to be the real owner."

The court found the property was acquired with the proceeds from fraud, corruption, theft, and money laundering.

The alleged crimes were perpetrated against the Limpopo department of roads and transport, Simasiku said.

Alternatively, the property had been used to launder money.

The property would be sold and the proceeds deposited into the Criminal Assets Recovery account, used by law enforcement agencies to fight crime.

In January, sheriffs seized Malema's Sandton and Polokwane homes.

Sars then rejected a R4m settlement offer and auctioned Malema's assets in the Sandton and Polokwane homes in February.

Malema also faces charges of fraud and racketeering related to the irregular awarding of a R52m tender to On-Point Engineering in Limpopo.

Gwangwa is the CEO of On-Point.

- SAPA
Read more on:    npa  |  sars  |  ancyl  |  julius malema  |  polokwane  |  corruption
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
238 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
Traffic & Train Alerts
Traffic
Montague Gardens 18:07 PM
Road name: Montague Drive

ROADWORKS - lane closures both directions for BRT lane construction - expect delays

Kuils River 18:05 PM
Road name: Polkadraai Road Eastbound

ROADWORKS between the R102 Van Riebeeck Road and the R310 Baden Powell Drive exit - expect delays

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Up to 60% off - clearance sale!

Save up to 60% on appliances, books, electronics, toys, movies and more. Offer valid while stocks last. Shop now!

Deal of the Week!

Get bestselling John Green novels now just R99 each! Hurry and get yours while stocks last. Shop here.

Mind blowing deals on beauty & fragrances

Save up to 30% off beauty and fragrances. Offer valid while stocks last. Shop now!

Up to 50% off hair care products!

Save up to 50% on professional hair care products at kalahari.com. Offer valid while stocks last. Shop now!

30% off academic books

Score a mind blowing 30% off academic books! Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Social media is pulling you in and you have the desire to find out everything you know about your friends and you have the urge to...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.