News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise

Taxation & Regulation News South Africa

Curators take Malema to court

Curators have applied for a court order against EFF leader Julius Malema, the SA Revenue Service said on Thursday (15 August).
Curators take Malema to court

SARS spokesman Adrian Lackay confirmed that Cloete Murray and Avuwe Ndyamara of Sechaba Trust filed papers last week. They were appointed by the Master of the High Court in Pretoria.

The order, if granted, would compel Malema to answer questions about some of his assets, which the curators believed he could have hidden.

"As a creditor SARS has an interest in the relief sought by the curators before court, as these efforts may eventually contribute to the recovery of outstanding tax by the individual," said Lackay, confirming a report in The Star.

Murray and Ndyamara were appointed to trace Malema's assets after SARS obtained a judgment against the former ANC Youth League president earlier in the year, in connection with his outstanding R16m tax bill.

SARS attached some of Malema's properties to recoup the Economic Freedom Fighters' leader's tax debt.

In May his incomplete mansion in Sandton, Johannesburg, 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 auctioned off earlier this year.

Malema's lawyer Tumi Mokwena could not be reached for comment.

Source: Sapa via I-Net Bridge

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za
Let's do Biz