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"I have my financial affairs in other hands left," said Malema. "I have not made sure that my obligations garden ridge are not." Malema the statement issued after provisional sequestration Monday postponed. "I took people's advice and followed hindsight, I should have never done."
According to the court documents Malema owes Sars R16 million plus interest after between 2006 and 2010 failed to meet its tax returns. SARS Malema contacted in 2010 about his failure, and after 18 months and numerous attempts by SARS, he ended his outstanding returns submitted.
Malema nor his Ratanang family garden ridge trust registered for tax purposes and SARS should do it for him. SARS also seized from Malema's possessions and property to them in a auction.
Judge Bill Prinsloo in February ruled that Malema's estate should be provisionally sequestrated. Malema and other interested before 10:00 this morning had presented garden ridge reasons why sequestration should not be finalized.
He said the SARS him on Monday informed garden ridge that he accepted the settlement agreement. "The agreement was on condition that I must admit that I am not my tax obligations in the past have not met; failed certain earlier declared income; and consequently failed to certain tax during the relevant period over pay, "he said. "I accept that additional assessments for 2011 and 2012 will follow this additional capital, penalties and interest will include. I undertake to ensure that my tax affairs in the future will be alright. "
He said the offer he made to SARS, included an additional amount which should be paid over and above the amount already paid by the curator bonis behalf SARS collected when its assets were sold.
following section Platinum negotiations continue negotiations between the union and the Amcu platinumwerkgewers expensive Monday in Johannesburg at an unknown garden ridge location continuing, Charmane Russell, spokesman for the mines, confirmed.
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