PUTRAJAYA (Sept 9): Former premier Datuk Seri Najib Razak and his son Datuk Mohd Nazifuddin have failed in their appeal against a court decision to allow a summary judgment against them over unpaid taxes of RM1.69 billion and RM37.64 million respectively. “We find no merit in these two appeals and no error in the judgment of the two High Court judges which should be corrected by this court. “Thus both appeals are dismissed with costs of RM10,000 each,” said Court of Appeal judge Datuk Abdul Karim Abdul Jalil in a unanimous decision. Shafee then asked the Court of Appeal for an interim stay of today’s judgment pending further appeal at the Federal Court. The government through the IRB also filed bankruptcy proceedings against Najib at the High Court in April.


Source:   The Edge Markets
September 09, 2021 07:07 UTC