KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak claims that the bankruptcy notice filed against him by the Inland Revenue Board (LHDN) over his alleged failure to pay RM1.69bil in tax arrears was a malicious "ploy for political conspiracy". The Pekan MP said this in his application to set aside a bankruptcy notice by way of a summons in chambers filed on May 31. In his supporting affidavit, Najib said the notice was mala fide, oppressive and an abuse of court process. "The bankruptcy notice issued against the judgment debtor (Najib) was a ploy for political conspiracy and actuated by malice. The government, through LHDN, had filed the bankruptcy notice against Najib on Feb 4, following a ruling from a High Court that ordered Najib to pay his tax arrears.

Source: The Star June 02, 2021 07:53 UTC