Malema's assets to be auctioned off

2013-02-21 10:29
Julius Malema. (File, AP)

Julius Malema. (File, AP)

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Johannesburg - Expelled ANC Youth League leader Julius Malema's properties will go under the hammer on Friday, The New Age reported on Thursday.

SA Revenue Service spokesperson Adrian Lackay said a farm and a string of movable and immovale assets belonging to Malema had been attached.

"Yes, action has been taken against Malema because he owes R16.1m to Sars. I cannot disclose the value of his assets to be auctioned but I can confirm that they include his farm.

"We got a court order and we are now interested in auctioning the properties to recover the revenues owed," said Lackay.

Lawyers from Brian Kahn Attorneys said on Wednesday they were no longer representing Malema.

Details about why the law firm had abandoned Malema's case were confidential, said lawyer Nicqui Galaktiou.

"We have not 'ditched him'... We no longer act for Malema," she said.

Earlier in February, Galaktiou said the firm had been instructed to file papers opposing an application made to the North Gauteng High Court by the SA Revenue Service to have Malema's estate sequestrated.

Malema had until 18 February to notify Sars whether he intended to oppose the application.

According to newspaper reports, Malema failed to meet the deadline.

Read more on:    sars  |  ancyl  |  julius malema  |  johannesburg

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