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Thursday, February 2, 2023

LHDN obtains summary judgment in RM1.8bil tax claim against Jho Low’s dad

 

The summary judgment against Low Hock Peng, father of fugitive businessman Jho Low, was granted by the Penang High Court.

PETALING JAYA: The Penang High Court has granted the Inland Revenue Board’s (LHDN) application for a summary judgment against the father of fugitive businessman Low Taek Jho, or Jho Low, over RM1.8 billion in unpaid tax.

Justice Tun Majid Tun Hamzah also ordered Low Hock Peng to pay the taxman RM3,000 in costs.

A summary judgment is given when the court decides at a preliminary stage that a defendant has no defence to a plaintiff’s claim and that a full trial requiring the calling of witnesses to testify is unwarranted.

The application by Hock Peng, also known as Larry, to strike out LHDN’s summons was also struck out.

Low Hock Peng.

Senior revenue counsel Norhisham Ahmad, Al-Hummidallah Idrus and Aiman Abdullah appeared for LHDN, while Yatiswara Ramachandran, Francis Tan and Oh Chong Ghee represented Hock Peng, who is believed to have left the country.

Al-Hummidallah confirmed the ruling when contacted by FMT.

On March 24, 2021, LHDN filed the summary judgment against Hock Peng for RM1.8 billion with an additional 5% interest. The tax payable is for the assessment years between 2011 and 2018.

On Oct 18 last year, the High Court in Butterworth also granted LHDN’s application to enter a summary judgment against Jho Low over RM1.053 billion in unpaid tax since 2013. - FMT

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