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Najib may be made bankrupt over RM1.6b tax arrears | Daily Express Online


Published on: Wednesday, April 07, 2021
By: Bernama
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Kuala Lumpur: The government filed a bankruptcy notice against former prime minister Datuk Seri Najib Tun Razak
(pic) for failing to pay income tax amounting to RM1.69 billion as ruled by the High Court in July last year.
According to documents filed in court, the Government through the Inland Revenue Board (IRB) filed the notice in the High Court here on Feb 4 against Najib as a debtor.
Based on the notice, Najib has to pay RM1.69 billion with a five per cent interest rate per annum on the total balance from July 22,2020 (date of High Court s decision) to Feb 4,2021, and the total payable amount as of the latter date was RM1,738,804,204.16. ....

Kuala Lumpur , Muhammad Farhan Shafee , Civil High Court , High Court , Datuk Seri Najib Tun Razak , Inland Revenue Board , Seri Najib , Income Tax Act , குவாலா லம்பூர் , முஹம்மது பார்ன் ஷாபீ , சிவில் உயர் நீதிமன்றம் , உயர் நீதிமன்றம் , உள்நாட்டு வருவாய் பலகை , செறி நஜிப் , வருமானம் வரி நாடகம் ,

LHDN files bankruptcy notice against Najib for failing to pay RM1.69bil in income tax


KUALA LUMPUR: The government filed a bankruptcy notice against former prime minister Datuk Seri Najib Tun Razak for failing to pay income tax amounting to RM1.69bil as ruled by the High Court in July last year.
According to documents filed in court, the government, through the Inland Revenue Board (LHDN), filed the notice in the High Court here on Feb 4 against Najib as a debtor, Bernama reported.
Based on the notice, Najib has to pay RM1.69bil with a 5% interest rate per annum on the total balance from July 22, 2020 (date of High Court s decision) to Feb 4, 2021, and the total payable amount as of the latter date was RM1,738,804,204.16. ....

Kuala Lumpur , Muhammad Farhan Shafee , Civil High Court , High Court , Datuk Seri Najib Tun Razak , Inland Revenue Board , Seri Najib , Income Tax Act , குவாலா லம்பூர் , முஹம்மது பார்ன் ஷாபீ , சிவில் உயர் நீதிமன்றம் , உயர் நீதிமன்றம் , உள்நாட்டு வருவாய் பலகை , செறி நஜிப் , வருமானம் வரி நாடகம் ,