Malema's partner drops tax fight

2012-08-08 13:03
Lesiba Gwangwa (Felix Dlangamandla, Beeld)

Lesiba Gwangwa (Felix Dlangamandla, Beeld)

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

Pretoria - Lesiba Gwangwa, a business partner of expelled ANCYL president Julius Malema, has withdrawn two applications in the North Gauteng High Court to set aside an inquiry into his tax affairs, it was reported on Wednesday.

Gwangwa was ordered by the court on Tuesday to make himself available for questioning at the inquiry, reported the City Press.

The newspaper reported that Gwangwa had approached the court to set aside an inquiry into 18 of his companies by the SA Revenue Service (Sars).

Judge Ferdi Preller told the court that he was surprised that Gwangwa had settled the matter out of court and had agreed to testify at the inquiry.

"I didn’t think this matter was capable of being settled. The order is made that he will testify and appear on Tuesday..." Preller was quoted as saying.

Despite resigning as director of some of the companies, Malema still benefited through the Ratanang Family Trust's shareholding company On-Point Engineers, City Press reported.

The inquiry is into 15 suspected breaches of the VAT Act and the Income Tax Act by Gwangwa and his companies since 2005, The Citizen reported.

However, he had argued that it was unconstitutional and had said he wanted it set aside.

Sars attorney Nic Maritz told City Press that Gwangwa had not given a reason for withdrawing his application.
Read more on:    ancyl  |  julius malema  |  lesiba gwangwa

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

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
5 comments
Comments have been closed for this article.

Inside News24

 
Partner Content
How data is changing investments

Technological disruption is rife in many spheres of business and given the quantity of data available, it’s no surprise that the way in which asset managers work is also changing fast.

Behind the sparkle

Alluring, beautiful and timeless - diamonds are some of the most sought after gems in the world and are a true testament of everlasting brilliance. Let us take you behind the sparkle to show you the history behind this coveted jewel.

/World
 

Fascinating facts about dogs

Think you know a lot about dogs? How many of these facts do you know?

 
 

Paws

Perfectly captured cat snapchats!
Fascinating facts about dogs
Out with the old dog, in with the new
Play with your pet when you're not at home
Traffic Alerts
Traffic
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.