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Malema's tax debt blues

Julius Malema’s terms to pay off the R4m he owes to Sars was extended by the High Court in Pretoria.

FILE: Julius Malema appears in court for his sequestration hearing on 25 August 2014. Picture: Barry Bateman/EWN.

JOHANNESBURG - Questions have been raised around Economic Freedom Fighters' (EFF) leader Julius Malema's ability to settle his tax debt after the High Court in Pretoria extended his terms to pay off the R4 million he owes the South African Revenue Service (Sars).

A provisional sequestration order was expected to be finalised and struck off the roll on Monday but instead, the matter was postponed to March 2015.

Malema claimed several months ago that EFF party structures had mobilised members to deposit money into a trust set up to help him pay the taxman.

In August, a confident Malema told reporters outside court that his tax troubles were as good as gone.

"So on 1 December, that's when the matter will be struck off the roll because the last payment is on the 28th of November... Then we'll just come here for the formality of them withdrawing the case. "

But fast forward to December and Sars confirmed that by mutual agreement between the parties, Malema has another three and a half months to settle his debt.

The EFF leader could not be reached for comment.

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