Malema sequestration deadline looms

2014-05-23 16:08
EFF leader Julius Malema (Werner Beukes, Sapa)

EFF leader Julius Malema (Werner Beukes, Sapa)

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

Johannesburg - EFF leader Julius Malema will oppose a final sequestration of his estate, his lawyer Tumi Mokwena said on Friday.

"We are going to oppose," he said in an SMS to Sapa.

Malema has until 10:00 on Monday to give the North Gauteng High Court in Pretoria reasons why his provisional sequestration should not be made final.

In April, a trust was launched to collect funds to settle his R16m SA Revenue Service (Sars) bill, but it is not clear if the trust has secured enough funds to help the firebrand Economic Freedom Fighters (EFF) leader.

Trust chairperson Mandisa Mashego said a statement with an update would be issued soon.

Mashego and four other trustees launched the trust, referred to as the JSM Trust. The five trustees are all members of the EFF.

Sars spokesperson Adrian Lackay would not say whether Malema had managed to pay his tax bill.

"The matter is scheduled on the court roll for 26 May 2014, Gauteng North High Court," he said.

According to court documents, Malema owed R16m plus interest after failing to submit tax returns between 2006 and 2010.

In 2010 Sars contacted Malema about his failure to submit tax returns. It took Malema 18 months, after many attempts by Sars, to file his outstanding returns.

Malema also failed to register the Ratanang Trust for tax purposes, and Sars had to do this on his behalf. Sars attached some of Malema's property to recoup the taxes he owed.

In February, high court Judge Bill Prinsloo ordered that Malema's estate be provisionally sequestrated.

Malema and anyone else who did not want the order to be made final had until 10:00 on 26 May to give reasons why this should not happen.

A final sequestration order will affect Malema's political career, as he will not be allowed to serve as a Member of Parliament.

Malema, wearing a red overall and gumboots, was sworn in as an MP in the first sitting of the fifth democratic Parliament in Cape Town on Wednesday.

Despite the looming sequestration, the EFF and Malema have been adamant that he will not lose his place in the National Assembly.

- SAPA
Read more on:    eff  |  sars  |  julius malema  |  johannesburg  |  politics
NEXT ON NEWS24X

Gauteng water running dry

18 minutes ago
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
116 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Fashion
 

6 life hacks you simply have to know

A few simple tricks can make your life so much easier!

 
 

For chic geeks...

Device lets disabled people talk through their nose
It’s THIS easy for someone to steal your ATM pin!
This is why you should install iOS 8
17 photo illusions that look so real

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

Pre-order your iPhone 6 at kalahari.com

Hurry and pre-order your own iPhone 6 now at SA’s favourite online store!

Bargain box – 60% off

Reduced prices, very limited stock. While stocks last. Hurry and shop now!

Mind blow low prices on electronics

Get either the Prestigio multiphone or Proline tablet 7” tablet for only R699. Offers valid while stocks last. Shop now!

30% off Barbie toys

Save 30% on all Barbie toys and accessories. Offer valid while stocks last. Shop now!

Baby extravanganza month at kalahari.com

Celebrate baby month with a wide range of awesome baby products. Offers 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

Your sense of duty is emphasized and you may put your heart and soul into helping, serving and being there for the community in a...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.