Malema owes R10m

2012-04-22 10:28

kalahari.com

Johannesburg - Suspended ANC Youth League leader Julius Malema has been served with a tax bill of more than R10 million.

At the same time, Malema hit out at his detractors, saying they have “unleashed all state agencies against me because they want to silence me”.

Speaking outside his house in Flora Park, Polokwane, on Saturday, Malema said if anybody wanted to arrest him “they know my address”.

The South African Revenue Service (Sars) has added to Malema’s woes by demanding more than R10 million in taxes from him - apparently related to the millions deposited into his Ratanang Family Trust.

Malema is likely to be kicked out of the governing ANC this week for ill-discipline.

R120m?

Malema initially reacted with shock when City Press approached him for comment, saying via SMS: “What? That’s not possible.”

But later he again replied via SMS, saying his accountant said the amount owed to Sars was R120 million. He added: “We prefer to (deal) with Sars directly, not through City Press.”

It is not clear how he got to the figure of R120 million, or whether he was joking.

Soon afterwards, his lawyer, Nicqui Galaktiou, sent the following message: “Disclosure of Mr Malema’s private affairs with Sars is a violation of his right to privacy.”

She also said publishing private tax information was a criminal offence “and breaks the sanctity between a taxpayer and Sars”.

City Press understands that the more than R10 million he owes Sars includes penalties. Money owed in an assessment usually emanates from income that wasn’t declared or not fully declared.

Tax troubles


Three independent sources confirmed Malema’s tax troubles.

City Press reported last month that in 2010 alone, R3 million was paid into the trust by different people.

The league’s officials said in a statement in July last year if there was any wrongdoing on the part of the trust, Malema “is open and ready for investigations by Sars, and any other law enforcement agencies”.

It is believed Malema will object to the Sars assessment. He could then approach a tax court or appeal against the finding in a high court. At this point, his tax affairs would become public. If this appeal is turned down, he’d have to pay up or have his assets attached.

Sars spokesperson Adrian Lackay could not comment, saying taxpayers’ affairs are secret.

Read more on:    sars  |  julius ­malema
NEXT ON NEWS24X

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
241 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
 

Zuma: Pray for peaceful polls

President Jacob Zuma has asked members of the Universal Church of the Kingdom of God to pray for peaceful elections on 7 May.

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters
 
Traffic
Lottery
 
  • Saturday Cape Town - 07:38 AM
    Road name: M3 Inbound
    EVENT - left lane closed between Rhodes Avenue and UCT
  • Saturday Constantia - 07:19 AM
    Road name: Rhodes Drive Both Ways
    ROAD CLOSED between Constantia Nek and Canterbury Road until 1300
 
More traffic reports...
 

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Escape winter, head to Mauritius

Escape winter by spending 7 nights in Mauritius' tropical bliss from R13 215 per person sharing. Includes return flights, airport transfers and accommodation. Book now!

Kalahari.com - shop online today

Get many eggs in one basket!

Gaming bundles: 2 Super Hits games for R99, 3 Disney games for R99 and more + exclusive accessory bundles only available on kalahari.com. While stocks last. Shop now!

25% off bestselling books!

The Real Meal Revolution by Tim Noakes, Jeffrey Archer’s Be Careful What You Wish for, Man’s Search for Meaning by Victor E. Frank and many more titles. Shop now!

Up to 25% off electronics

Buy top electronics and save up to 25%. Such as kalahari.com’s 1# selling product the gobii eReader, Patriot X Porter flash drive, Asus Nexus 7” 3G tablet, Samsung Galaxy SIII, Lenovo G580 Notebook and many more. Shop now!

DStv HD PVR Decoder now R949

The DStv HD PVR Decoder has further revolutionised the television experience with lifelike viewing, sharper images, more vibrant colours and precision picture quality. Now R949, save R550. Offer valid while stocks last. Shop now!

Up to 30% off appliances & homeware

Save up to 30% on appliances and homeware this Easter! 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

Canon EOS 600D

The Canon EOS 600D Digital Camera puts the widely respected...

From R5389.95

I'm shopping for:

Horoscopes
Aquarius
Aquarius

Self-indulgence may be strong today. You may want to enjoy yourself to the fullest and share it with those that make you feel...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.