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Malema tax sequestration back in court

By Sapa | Feb 10, 2014 | COMMENTS [ 74 ]

Economic Freedom Fighters leader Julius Malema is expected to fight against sequestration over millions of rand owed to the SA Revenue Services (Sars) in the High Court in Pretoria on Monday.

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.

EFF national co-ordinator Mpho Ramakatsa previously claimed that Sars had launched a "politically driven activity" against Malema.

Sars attached some of Malema's property to recoup the tax money he owed, and in May last year Malema's incomplete mansion in Sandton was sold on auction for R5.9m.

His farm in Limpopo fetched R2.5m at an auction in June. Several of his household goods were also auctioned off.

The Sunday Times reported that if Malema were sequestrated before the general elections, he could not become a member of Parliament in terms of Section 47(c) of the Constitution.

COMMENTS [ 74 ]

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MOHURUTSI

The ruling party is playing the elimination game now. They are not campaigning but discrediting the opposition party leaders is the order of the day. They did it with the Agang leader, did it with the DA leader, and now they are onto the EFF leader.

Feb 10, 2014 6:52 | 3 replies

BOKKER

No my friend the thiEFF in chiEFF must pay his dues like you and I do.

Feb 10, 2014 9:10 | 0 replies

OmoT

He got his first letter from SARS in 2009 - when he was still JZ's BFF...not yet and EFF

Feb 10, 2014 10:55 | 0 replies

jen

Not to stick up for the ANC or anything, but Malema is the only one who has discredited himself. Neither the Agang nor DA leaders have been prosecuted for tendrepreneurship, tax evasion and corruption. And neither have earned millions which they cannot explain.

Feb 10, 2014 5:9 | 0 replies

!#Sinudeity#!

"It took Malema 18 months, after many attempts by Sars, to file his outstanding returns." - Does the dude not know how easy efiling is? The good news is, julius will be inelligable for a seat in parliament.

Feb 10, 2014 6:55 | 6 replies

DeCock111

what a childish and ill-informed comment...especially by someone claiming to have some brains here They had to file returns for tax periods 2006 to 2010...drawing up those financial statements is NOT an overnight thing... just use your small brain to think of all the docs (invoices, receipts, income and expenditure statements) they had to go through for each tax period to draft a final piece of financials not only for Malemas personal capacity...but for the Trust as well....and be very mindful of what they had to disclose, how they disclosed it and the tax implications of the disclosures...please think before you comment

Feb 10, 2014 9:3 | 0 replies

!#Sinudeity#!

DeCock111 - And yet millions of people and businesses manage to submit their tax returns every year with no problems. How do you expect someone to make economic policies if he cannot even run a business according to our laws?

Feb 10, 2014 9:17 | 0 replies

DeCock111

Sin....there are thousands of high net worth individuals and major corporates who have numerous outstanding returns...that includes your mining sector big corps, your major financial institutions and a number of big corps in the manufacturing sector...do you mean to tell me these people and corps dont have any sense of economic policies...? dont be childish please

Feb 10, 2014 9:23 | 0 replies

!#Sinudeity#!

DeCock111 - And yet, everyone managed to get their taxes done before the tax man comes knocking. The problem with Malema, is that most of his income was from corrupt sources.

Feb 10, 2014 10:1 | 0 replies

!#Sinudeity#!

DeCock - "do you mean to tell me these people and corps dont have any sense of economic policies...? dont be childish please" - Im merely quoting what malema said, which is that he doesnt know how business works.

Feb 10, 2014 10:2 | 0 replies

BOKKER

Decok You people (the so called revo;lutionaries) are alwasy getting it wrong and coming with excuses. If Zille and I can get our tax sorted then so should fatboy. Your so called excuses are like a small kid saying the dog ate his homework. No one believes them. Now grow up and stop stealing. The world is tired of your childish behaviour.

Feb 10, 2014 10:28 | 0 replies

maneater

well we are not fools this is a political game by SARS!!!!!!!!!!!

Feb 10, 2014 7:3 | 1 replies

jen

Political game by SARS???? Since when has the revenue service been in politics? EVERYONE who earns money in this country has to pay tax. That's the money that pays social grants to so many, that is supposed to keep the infrastructure going, schools, hospitals etc etc. The fact that a great portion of it goes into certain unscrupulous pockets is unfortunate. Let us not forget that Malema also took a great deal of money that he wasn't entitled to. He's just bitter now that he can't fill his own pockets because he's not ANCYL anymore.

Feb 10, 2014 5:13 | 0 replies

!#Sinudeity#!

Glen agliotti and malema have one thing in common, none of them can sit in parliament :P

Feb 10, 2014 7:6 | 0 replies

Pointman

The poor South African voter - we to choose the best of a bunch of rubbish. The ANC administration has robbed us of billions - but if we have Malema government, there will be nothing left to steal as he will destroy the economy with populist projects.

Feb 10, 2014 7:18 | 0 replies

!#Sinudeity#!

Love it how malema used the excuse of 'he doesnt know about business' for not paying his taxes. If malema doesnt know about business, what could he possibly know about economic policies?

Feb 10, 2014 7:22 | 4 replies

Pointman

If you are planning on fcuking things up and blaming it on "white imperial capital" and "colonialists" you don't have to know much. Anyway he has an advisor lined up - Robert Mugabe will show him how to run things - into the ground. Hen really does not know much which is why he has taken the populist route. Tell people what they want to hear - not what they need to hear.

Feb 10, 2014 7:30 | 0 replies

!#Sinudeity#!

Pointman - What I found interesting, and with very little comments from the EFF'ers... Bob is currently involved in a legal wrangle with property in Hong Kong, worth over R50 million. Bob will always make noise about "the west" taking money out of Zimbabwe, but nobody comments on Bob depriving Zimbabwe of money that he took out of the country.

Feb 10, 2014 7:35 | 0 replies

Pointman

Where did he find the R50m to invest in Hong Kong. Obviously stolen it from somewhere - diamond fields, health budget .... And of course nobody will say anything because you don't criticise an a "hero"

Feb 10, 2014 7:50 | 0 replies

PrincessJB

That is so true, I think they must start appointing people who went to school and studies politics. W e tired of this uneducated people to rule us.

Feb 10, 2014 10:57 | 0 replies

DJ-Winner

Who is that pregnant guy now? >>>>>>>photo<<<<<<<<<

Feb 10, 2014 7:53 | 4 replies

BRA-MAFUTHA

@DJ what what!!! don eva try to make fun of the next president of the Republic of South Africa. You must apologise now!

Feb 10, 2014 8:2 | 0 replies

!#Sinudeity#!

BRA - F*** jacob. Hope the man dies of cancer in his @sshole.

Feb 10, 2014 8:14 | 0 replies

1Mhlonitjhwa

Sin i hope Zilel dies of breast and lung cancer combined!!

Feb 10, 2014 8:21 | 0 replies

!#Sinudeity#!

1Mhlonitjhwa - Hehe, doesnt bother me.

Feb 10, 2014 8:28 | 0 replies

PointOfOrder1

The Sunday Times reported that if Malema were sequestrated before the general elections, he could not become a member of Parliament in terms of Section 47(c) of the Constitution. ---------------------------------------------------------------------------------- Which means you sowetan morons don't know this. You couldn't even go find out if that's true. You just regurgitating what ST said. Bunch of idiots

Feb 10, 2014 7:54 | 0 replies

Mshovekamnandi

Malema is corrupt and is misleading people

Feb 10, 2014 8:5 | 0 replies

1Mhlonitjhwa

My commander in Chief, even this one shall pass. A S I J K I

Feb 10, 2014 8:19 | 0 replies

Hybrid

Even Shivambu have developed 'umkhaba'!! eish this Heineken is really disfiguring these kids.

Feb 10, 2014 8:29 | 0 replies