Skip to playerSkip to main content
The Star
  • 11 minutes ago
The High Court has dismissed an appeal by Datuk Seri Najib Razak and his son, Datuk Mohd Nazifuddin Najib, to stay bankruptcy proceedings against them.

The bankruptcy proceedings were initiated by the Inland Revenue Board (LHDN) following Najib and Mohd Nazifuddin's failure to settle tax arrears amounting to RM1.69bil and RM37.6mil, respectively.

Read more at https://tinyurl.com/muvvjavw

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
Transcript
00:00The High Court has dismissed an appeal by Datuk Seri Najib Razak and his son, Datuk
00:05Mohammad Nazifuddin Najib, to stay bankruptcy proceedings against them. The bankruptcy proceedings
00:11were initiated by the Inland Revenue Board, LHDN, following Najib and Mohammad Nazifuddin's failure
00:18to settle tax arrears amounting to RM1.69 billion and RM37.6 million, respectively.
00:25The tax arrears were for the period between 2011 and 2017. Judicial Commissioner Suhendran
00:33Sokhanathan, alias Saharan Abdullah, made the dismissal on Monday after finding that there
00:39was no reason to grant a stay. In his dismissal, J.C. Suhendran stated that the merits of a tax
00:46assessment were to be determined by the Special Commissioners of Income, Tax SCIT, and not by a
00:53court of law. He added that the court's role is only to facilitate the collection and recovery
00:58of tax, and the formula of pay now, dispute later, is again, to facilitate the collection
01:04of tax. An appeal to the SCIT, the judge said, did not prevent the collection process as it
01:11is within the framework of the Income Tax Act. The court also ordered Najib and Mohammad Nazifuddin
01:17to pay RM7,000 in costs, each.
01:23So, thank you and Mr. Enderith, your topic of tax
01:35has been declined public.
01:36Tr lugar mensongnych has been postponed to this context, sost MCCAC, and the
01:43reality that the coverage of the Pencil applications have an obstacle for the
01:45portion of thebuilding tÄ™ book to 24 a week to 24 a week.
Be the first to comment
Add your comment

Recommended

2:15
Up next
Federal Court rules Najib, son have to settle over RM1.7bil in unpaid tax
The Star
2 years ago
1:07
LHDN withdraws income tax appeal against Najib's daughter
The Star
3 years ago
1:25
High Court dismisses Shafee's bid to initiate counterclaim against LHDN
The Star
3 years ago
2:06
Final SRC appeal: It was Jho Low who pumped the funds into Najib’s account, court hears
The Star
3 years ago
1:43
Court of Appeal upholds Najib's SRC conviction, allows stay application
The Star
4 years ago
1:20
High Court grants Mukhriz challenge against LHDN tax notices
The Star
11 months ago
1:26
Sept 4 decision on Najib's bid to cite ex-AG for contempt
The Star
3 months ago
5:12
Najib wants to cite ex-AG for contempt over royal addendum order
The Star
9 months ago
1:28
Federal Court allows AG’s bid to challenge Najib’s ‘royal addendum’ document ruling
The Star
7 months ago
2:51
Why did govt hide royal addendum and not implement it, Najib's son asks
The Star
11 months ago
1:49
Najib’s SRC appeal hearing completed, court reserves judgment
The Star
5 years ago
3:14
Incompetence of Najib's previous counsel tainted final appeal, Shafee tells court
The Star
3 years ago
2:10
Court to hear Najib's bid to cite former AG Ahmad Terrirudin for contempt on Aug 19
The Star
3 months ago
2:03
Najib succeeds in 'royal addendum' appeal, granted leave to initiate judicial review of sentence
The Star
11 months ago
1:30
Najib arrives in court for key ruling in 1MDB-linked case
The Star
6 years ago
1:30
Najib's abuse of power charge illegal, Court of Appeal hears
The Star
5 years ago
2:21
High Court stays Najib's 'royal addendum' hearing pending disposal of AG's appeal
The Star
7 months ago
1:42
Najib, Irwan's RM6.6bil CBT trial postponed again to July 22
The Star
1 year ago
1:17
Takiyuddin seeks watching brief for Opposition MPs in Najib's appeal hearing
The Star
11 months ago
4:30
Acquittal has rekindled Najib's fighting spirit, says Shafee
The Star
3 years ago
1:43
High Court dismisses Najib's attempt to put aside Mareva injunction
The Star
2 years ago
3:13
Najib returns to prison, ‘happy’ with DNAA, says Shafee
The Star
5 months ago
1:48
Najib fails in bid to recuse judge in royal addendum judicial review
The Star
2 months ago
2:12
Najib must enter defence for abuse of power
KiniTV
6 years ago
2:09
AGC to appeal Muhyiddin's discharge, acquittal
The Star
2 years ago