Malema 'hid' valuables

2013-02-24 14:31
Julius Malema. Foto: Brett Steele

Julius Malema. Foto: Brett Steele

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

Johannesburg - Expelled ANC Youth League president Julius Malema may have hidden some of his assets to prevent them from being sold at auction to recoup tax debt, it was reported on Sunday.

The Sunday Independent reported that Malema's household contents were auctioned in Polokwane in Friday for R54 000, which was about a fifth of the value of his Breitling watch.

The SA Revenue Service (Sars) is trying to recover R16m, which it claims Malema owes in tax, following business dealings it alleges were incompatible with his tax declarations.

According to the newspaper, it reported in January that Malema had spent R291 000 on clothes at an Italian boutique store and more than R31 000 on Louis Vuitton designer clothes according to an audit by PwC.

No watch or designer clothes

It reported that Malema's watch and designer clothes were not seen at the auction. Assets which were auctioned included a piano, fridges, a wall unit, television sets and flower tables.

The Sunday Sun reported that the piano was bought for R9 300 by Norman Motaung. "I didn't buy it because of the previous owner," he told the newspaper.

A former friend of Malema's, Boy Mamabolo, bought a mirror for R300. He told the newspaper Malema had promised to give him the mirror in 2009 but had changed his mind.

"I'm helping Sars to collect its money. But I'm disappointed that the Pioneer music mixer is going back to Juju [Malema] - because his bodyguard bought it," Mamabolo told the Sunday Sun.

The Sunday Sun reported that many people were disappointed at the assets that were on sale.

Items in a bad state

"According to the sheriff, some people were not happy with the state that the items were in," Sars spokesperson Adrian Lackay told the Sunday Independent.

"The sheriff will have written up an inventory of everything. So we are confident that all attempts to get around the administration of justice will be futile," he said.

- SAPA
Read more on:    julius malema  |  polokwane  |  politics
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
174 comments
Comments have been closed for this article.
 

Inside News24

 
/News
 

Goalkeeper saves five penalties with his FACE!

Nothing, and we mean nothing, will keep goalkeeper Scott Stirling from stopping the ball!

 
 

Men24.com

Hottie of the day: Nicole Meyer!
11 things men don’t know about their clothes
Hilarious mortal kombat elevator prank!
This is how the Top Gear presenters spend their £55 million!

Jobs in Cape Town [change area]

Jobs in Western Cape region

Room Service Manager

Cape Town Southern Suburbs
Cozens Recruitment Group ( Western Cape)
R13 000 - R15 000 Per Month

Receptionist

Tokai
Blue Sky Brands Company (Pty) Ltd

Quality Assurance / Dispatch Manager

Strand
Helderberg Personnel cc

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

Save up to 60% on toys!

Don’t miss out on this hot offer, save up to 60% on toys. While stocks last. Shop now!

Festive gifts!

Check out our awesome range of festive gifts to make everyone’s wishes come true. Shop now!

Seen something you like in our catalogue?

Find the perfect gift and save up to R5000 – As seen on the catalogue. Hurry and shop now!

Save up to R2200 on electronics! – As seen in the catalogue

Wishing for tech gadgets this festive? Save up to R2100 on hot tech products at kalahari.com. While stocks last. Shop now!

Up to 35% off books

Save up to 35% on the latest page-turners. 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

The Moon has moved into your sign, emphasizing the need to connect things to work together. There is a tendency to focus too far...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.