AFRICANGLOBE – Economic Freedom Fighters party leader Julius Malema emerged victorious from the High Court in Tshwane yesterday after the South African Revenue Service dropped its bid to have him sequestrated.
After almost a full day of argument, Advocate Nic Maritz, for Sars, returned from the lunch break at 4pm and told Judge Gregory Wright his client had advised him the sequestration had been withdrawn.
EFF’s supporters in court cheered when the matter was withdrawn.
Malema was in court accompanied by his deputy president Floyd Shivambu, secretary-general Godrich Gardee, national spokesperson Mbuyiseni Ndlozi, other EFF MPs and provincial leaders.
Earlier, Maritz told the court Sars believed Malema was hiding assets, but he did not have documented proof.
“Sars has reason to believe there are other assets but doesn’t know where they are.”
He said Sars wanted to sequestrate Malema so it could look for other creditors because at present the revenue service did not have a mandate to search for assets.
When Wright asked for documents proving there were hidden assets, Maritz said there were no papers.