KUALA LUMPUR (June 11): The Inland Revenue Board today denied at the High Court here that there was any malice on its part in filing a bankruptcy notice against former prime minister Datuk Seri Najib Razak for owing RM1.69 billion in taxes to the government. People had been questioning since July 2020 (about the IRB recovering this sum), and we were seen doing nothing with the judgement. Norhisham and Shafee were submitting before High Court Justice Datuk Ahmad Bache. “The IRB would not be prejudiced if this court allows a stay as the situation would remain status quo, pending the appeal," Shafee added. “They (the IRB) have also not shown where they derived the said figure of RM7 billion.

Source: The Edge Markets June 11, 2021 10:48 UTC