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Tuesday, October 1, 2024

Jan 6 hearing for Najib, son’s appeal to stay bankruptcy proceedings

 

najib nazif
On Oct 16, 2023, the Federal Court had ruled that former prime minister Najib Razak and his son Nazifuddin must settle the unpaid taxes after dismissing their appeal.

PETALING JAYA
The High Court has set Jan 6 to hear the appeal by former prime minister Najib Razak and his son Nazifuddin to stay bankruptcy proceedings against them for failing to settle RM1.69 billion and RM37.6 million in tax arrears respectively.

Their lawyer Wee Yeong Kang said the appeal was filed on Aug 6.

The appeal will be heard before judicial commissioner Suhendran Sockanathan @ Saheran Abdullah via Zoom,
 Bernama reported Wee as saying.

On Oct 16, 2023, the Federal Court had ruled that Najib and Nazifuddin must settle the unpaid taxes after dismissing their appeal to quash the High Court’s decision against them.

The duo had appealed against two High Court decisions to allow the Inland Revenue Board’s (LHDN) application to enter summary judgments over their income tax arrears case.

A summary judgment is obtained when the court decides on a case through written submissions without a full trial and calling witnesses.

The High Court rulings had allowed LHDN to enter summary judgments to recover tax arrears from the duo from 2011 to 2017.

Both Najib and Nazifuddin lost their appeals in the Court of Appeal in September 2021 to set aside the summary judgments.

On May 10, 2022, they were granted leave to pursue their appeals with the Federal Court. - FMT

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