Get more Mail & Guardian
Subscribe or Login

First the house, now Malema to lose his farm

The 140-hectare farm is apparently due to be auctioned off on June 10 as part of the selling off of Malema's assets to offset his unpaid tax bill, City Press reported on Sunday.

On March 19 the farm, worth around R4-million, was seized by the Asset Forfeiture Unit.

National Prosecuting Authority spokesperson Medupe Simasiku said at the time that the property was allegedly acquired with the proceeds of fraud, corruption, theft, and money laundering.

Park Village Auctions advertises that the farmhouse has four bedrooms, a lounge-cum-dining room, an enclosed patio, kitchen with scullery and a study nook.

A thatched rondawel is on the property, as is a swimming pool and garage workshop, among other features. There is also a partially completed second house on the property.

Malema still owes slightly more than R9-million to the tax man, from his original R16-million bill.

On Thursday, Malema's half-built mansion in Sandown, Johannesburg, fetched R5.9-million on auction, arranged by a curator for the SA Revenue Service. – Sapa

Subscribe for R500/year

Thanks for enjoying the Mail & Guardian, we’re proud of our 36 year history, throughout which we have delivered to readers the most important, unbiased stories in South Africa. Good journalism costs, though, and right from our very first edition we’ve relied on reader subscriptions to protect our independence.

Digital subscribers get access to all of our award-winning journalism, including premium features, as well as exclusive events, newsletters, webinars and the cryptic crossword. Click here to find out how to join them and get a 57% discount in your first year.

Sapa
Guest Author

Related stories

WELCOME TO YOUR M&G

If you’re reading this, you clearly have great taste

If you haven’t already, you can subscribe to the Mail & Guardian for less than the cost of a cup of coffee a week, and get more great reads.

Already a subscriber? Sign in here

Advertising

Subscribers only

Hawkish Reserve Bank sees South Africa edge towards a rates...

Analysts say the Reserve Bank could start tightening monetary policy as early as next month

Coko vs S ruling: The case against a subjective test...

Acting judge Tembeka Ngcukaitobi’s acquittal of a rape suspect has raised controversy, but legal experts say the fault lay with legislators and not the court

More top stories

Almost 7 000 children receive Pfizer shot on first day...

More than 39 000 young people had registered on the government’s database by 4pm on Wednesday

Police murder trial: 189 metal pellets killed Nathaniel ‘Lokkies’ Julies

At least 65% of the pellets in the cartridge hit the 16-year-old when he was gunned down in Eldorado Park, Johannesburg, allegedly by in-training constable, Caylene Whiteboy

Hawkish Reserve Bank sees South Africa edge towards a rates...

Analysts say the Reserve Bank could start tightening monetary policy as early as next month

Lucas Radebe: ‘My football career began behind my parents’ back’

Soccer legend Lucas ‘Rhoo’ Radebe is a busy man, but he made time in his hectic schedule to speak to Ntombizodwa Makhoba about his fondest childhood memories, how his soccer career began, and, as a father of eight, his legacy
Advertising

press releases

Loading latest Press Releases…
×