Current Affairs – Malema

On February 11th, 2014, posted in: Academic, Current Affairs, News by

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We discussed the fact that Julius Malema has been provisionally sequestrated. This means that Malema won’t be able to become a member of parliament if he is sequestrated.

“According to court documents, Malema owed R16m plus interest after failing to submit tax returns between 2006 and 2010.

In 2010, Sars contacted Malema about his failure to submit tax returns. It took Malema 18 months, after many attempts by Sars, to file his outstanding returns.

Malema also failed to register the Ratanang Trust for tax purposes, and Sars had to do this on his behalf.” News24