Malema provisionally sequestrated

The order was sought by Sars for R16 million owed in taxes by Julius Malema.

Julius Malema. Picture: EWN.

JOHANNESBURG - The North Gauteng High Court has ruled in favour of the provisional sequestration of Julius Malema as requested by the South African Revenue Service (Sars).

The Economic Freedom Fighters (EFF) leader had until today to argue why a provisional sequestration order should not be made final.

This morning he asked the court to postpone the order which is being sought by Sars for R16 million owed in taxes.

Several of his properties have in the interim been auction off to cover the debts.

Malema will go on trial later this year on charges of fraud and corruption.

The EFF leader's advocate wanted the court to postpone the sequestration application until his client's criminal matter has been concluded.

He further wanted the matter postponed so Malema could launch an application to have his admission of tax liability - where he conceded to Sars that he owes more than R16 million - set aside.

Malema claims in his affidavit that he was lured into a settlement by the revenue service's lawyers.

But Sars advocate Nick Maritz showed that Malema was in fact represented by his own lawyers.

He further argued that in Malema's affidavit he did not attack a court's final judgement ordering him to pay the outstanding taxes.