Najib's son served with bankruptcy notice over RM37.6 mil unpaid income tax - News Summed Up

Najib's son served with bankruptcy notice over RM37.6 mil unpaid income tax


KUALA LUMPUR (May 18): Former prime minister Datuk Seri Najib Tun Razak’s son Datuk Mohd Nazifuddin has been served a bankruptcy notice failing to pay income tax amounting to RM37.6 million as ruled by the High Court in July last year. His lawyer, Wee Yeong Kang, when contacted, said the notice was served to his client on April 30 and that they had filed an affidavit to oppose the bankruptcy notice on May 6. “My client will also file another application to set aside the notice and to have the bankruptcy proceedings be postponed. The next case management has been set on June 21,” he said after virtual case management before High Court deputy registrar Ida Rahayu Sharif here today. Mohd Nazifuddin has filed an appeal against the High Court’s decision in the Court of Appeal, which will hear the case on Aug 9.


Source: The Edge Markets May 18, 2021 09:45 UTC



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