Former ANC Youth League leader Julius Malema. Picture: SOWETAN
Former ANC Youth League leader Julius Malema. Picture: SOWETAN

JULIUS Malema, the beleaguered former African National Congress (ANC) Youth League president, has until February 18 to indicate whether he will oppose an application by the South African Revenue Service (SARS) to have his estate sequestrated.

SARS said in court papers before the North Gauteng High Court that Mr Malema was factually insolvent and that it would be to the benefit of his creditors to have his estate placed in the hands of a curator appointed by the master of the court.

City Press newspaper reported the application by SARS on Thursday morning, saying Mr Malema would meet his lawyers later in the day to decide whether to oppose the application.

Mr Malema was expelled from the ANC last year following a disciplinary hearing and has since found himself in a political wilderness.

He has tax debt of about R16m plus interest in respect of income tax, additional tax and interest raised in respect of the 2005-11 tax years. SARS is also assessing an amount of just more than R2m taxable income for the 2011 year of assessment.

The investigation into Mr Malema’s tax affairs started in 2010 and probed his own tax affairs and those of several companies and closed corporations associated with him.

Meanwhile, media reports on Thursday said that Boy Mamabolo, the former chairperson of the Limpopo geographical names committee, had been arrested by the Hawks on Wednesday in Polokwane, Limpopo.

Two weeks ago, Mr Malema laid charges of crimen injuria against Mr Mamabolo after the latter allegedly threatened to exhume the remains of Mr Malema’s mother, the Mail & Guardian reported.

It quoted officials who saw the warrant as saying Mr Mamabolo faced 20 counts of fraud and a conspiracy to commit fraud.