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.
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