KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak is not yet a bankrupt despite his alleged failure to pay the Inland Revenue Board (LHDN) RM1.69bil in additional income tax arrears.
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak is not bankrupt yet, despite his alleged failure to pay the Inland Revenue Board (LHDN) RM1.69bil in additional income tax arrears, says his lawyer Wee Yeong Kang.
Wednesday, 05 May 2021 12:19 PM MYT
BY IDA LIM
Datuk Seri Najib Razak arrives at the Court of Appeal, Putrajaya April 27, 2021. Picture by Shafwan Zaidon
Subscribe to our Telegram channel for the latest updates on news you need to know.
KUALA LUMPUR, May 5 Datuk Seri Najib Razak has not been recorded as bankrupt even as the Inland Revenue Board (IRB) today sought to have the court record that an act of bankruptcy has occurred, his lawyer said.
Muhammad Farhan Muhammad Shafee, one of Najib’s lawyers, shared the updates of a case management on the IRB’s court bid to have Najib declared bankrupt over his failure to pay nearly RM1.74 billion in taxes and interest claimed by the IRB.