The Economic Freedom Fighters (EFF) leader Julius Malema’s tax battle will resume in June after the Pretoria High Court postponed the matter one again.
“I rule that the matter be extended to June 1. Costs reserved,” Jude Ferdi Preller said.
Malema appeared in court where the judge was to decide whether or not to declare him an insolvent and sequestrate his assets after the matter was postponed in August, 2014. If the court rules in favour of the final sequestration against Malema, he would no longer be able to serve as a Member of Parliament.
In February last year, the court ordered Malema’s estate to be provisionally sequestrated. According to SARS, Malema owes them R16 million in outstanding tax, plus interest. SARS attached some of Malema’s property, including a farm in Limpopo and a house in SAndton in order to recoup some of the taxes.
In August 2014, Malema settled a provisional agreement with SARS to allow the final settlement agreement to be completed.
SARS spokesperson Adrian Lackay said the following at the time “SARS’s position is that the legal process must continue before court. SARS will not make further public statements on the matter at this stage.”
An adamant Malema added that his tax battle will not impact his political career.
AT the time Malema said the following: “As far as I am concerned this matter is closed and those who thought sequestration will be a short cut to my political life, they will be disappointed because there is not going to be any sequestration.”
As part of the agreement in August 2014, Malema was to pay R500 000 a month towards his debt after several of his assets were auctioned off.
Image source: EFF