Malema's sequestration case postponed
The case was postponed until 25 August because certain conditions of the agreement needed to be fulfilled.
PRETORIA - Economic Freedom Fighters (EFF) leader Julius Malema's provisional sequestration has been postponed until 25 August.
Malema owes the South African Revenue Service over R16 millio n after failing to submit tax returns between 2006 and 2010.
During this morning's brief proceeding, the North Gauteng High Court in Pretoria heard that a settlement agreement had been reached between all parties concerned.
But further details have not been disclosed
Malema did not attend today's proceedings here and left his attorney Tumi Mokwena and fellow EFF member Dali Mpofu to handle the matter.
The hearing was brief as the court heard how all the parties have agreed on a settlement fee.
But certain conditions of the agreement have to be fulfilled and that's why the case has been postponed.
After court was adjourned, Mpofu briefed EFF supporters who were waiting outside about what had been discussed.
The group then burst put into song as Mpofu told them its good news for the EFF and it's leader Malema.
Malema's lawyers say he will release a statement soon.