Court allows application by Najib, Nazifuddin to postpone bankruptcy proceedings

19/5/2022 4:13:00 PM

KUALA LUMPUR: The High Court here today allowed an application by Datuk Seri Najib Abdul Razak and his son, Datuk Mohd Nazifuddin, to postpone the ban...

Thesun, Thesundaily

The father and son owed the IRB RM1.69 billion and RM37.6 million, respectively, in tax arrears. theSun thesundaily IRB Najib Nazifuddin bankruptcy

KUALA LUMPUR: The High Court here today allowed an application by Datuk Seri Najib Abdul Razak and his son, Datuk Mohd Nazifuddin , to postpone the ban...

KUALA LUMPUR: The High Court here today allowed an application by Datuk Seri Najib Abdul Razak and his son, Datuk Mohd Nazifuddin, to postpone the bankruptcy proceedings against them for failing to settle their tax arrears with the Inland Revenue Board (IRB) pending the disposal of their appeals at the Federal Court.

The father and son owed the IRB RM1.69 billion and RM37.6 million, respectively, in tax arrears.Lawyer Wee Yeong Kang, representing Najib and Mohd Nazifuddin, when contacted by reporters said the court allowed hic clients’ application during an online case management before High Court Deputy Registrar Ida Rahayu Sharif.

Read more:
theSun »

MatthewShanmu10 Malaysia boleh. Betul ke RameshRaoAKS ?

Mahkamah benarkan Najib, Nazifuddin tangguh prosiding kebankrapan | The Malaysian InsightPenangguhan dibenarkan sementara menunggu penyelesaian rayuan di Mahkamah Persekutuan.

Ex-1MDB chair Bakke regrets not confronting Najib, court told | The Malaysian InsightHe says should have informed ex-prime minister about irregularities.

Court allows application by Najib, son to postpone bankruptcy proceedingsThe court set Oct 4 for case management. Everything is fucxxxx allowed for Najib and his son. You would never see the same privilege extended to ordinary people like you and me. Very sad state we’re living now. Why? Tuhan tak bayar tax yang disembah RameshRaoAKS

Court allows Najib, Nazifuddin’s bid to postpone bankruptcy proceedings | The Malaysian InsightCourt allows Najib , Nazifuddin ’s bid to postpone bankruptcy proceedings Polis repot najib hari tu camna? PDRMsia dah siasat ka..? Betui ka ada arahan org atasan politik masa tu utk kenakan najib & co..? Hello...got a lot of hidden money and financier...how LOW can you go...cannot bankrupt one ... worst case the got all the aunties selling all their gold ring necklace to fund him

Ex-1MDB chair: Najib called me before I testified at PACBakke says meetings were set up for him to get testimony 'guidelines'. BN = Bebas Najib so the ex PAC chairman conducted a 'mock' session to assist Jibby and his crew? And said ex chairman is now the current TNB chairman? seems like being a loyal doggy pays in bolehland. Maruah Melayu - mana nak letak muka oooi?

Saksi diminta tak sebut nama Najib, Jho Low kepada PAC, mahkamah diberitahu | The Malaysian InsightPengerusi PAC ketika itu dan bekas pengarah urusan TV3 minta Bakke bertolak ansur ketika beri keterangan kepada PAC.

BERNAMAPix KUALA LUMPUR : The High Court here today allowed an application by Datuk Seri Najib Abdul Razak and his son, Datuk Mohd Nazifuddin, to postpone the bankruptcy proceedings against them for failing to settle their tax arrears with the Inland Revenue Board (IRB) pending the disposal of their appeals at the Federal Court.× Salin URL Bekas perdana menteri Najib Razak dan anaknya Mohd Nazifuddin gagal melunaskan tunggakan cukai masing-masing berjumlah RM1.× Copy URL EX-1MALAYSIA Development Bhd (1MDB) chairman Mohd Bakke Salleh told the High Court today that he regrets not confronting Najib Razak over irregularities in the handling of 1MDB funds..

The father and son owed the IRB RM1.69 billion and RM37.6 juta.6 million, respectively, in tax arrears. Sign-up now and enjoy one (1) week free access!. Lawyer Wee Yeong Kang, representing Najib and Mohd Nazifuddin, when contacted by reporters said the court allowed hic clients’ application during an online case management before High Court Deputy Registrar Ida Rahayu Sharif. MAHKAMAH Tinggi di Kuala Lumpur hari ini membenarkan permohonan Najib Razak dan anaknya Mohd Nazifuddin untuk menangguhkan prosiding kebankrapan terhadap mereka kerana gagal melunaskan tunggakan cukai masing-masing berjumlah RM1. The proceeding was also attended by counsel Athari Faris Ammerry Hussein, on behalf of the IRB.

“The application to postpone the bankruptcy proceedings was made to enable the appeal of my two clients regarding a summary judgment obtained by the Inland Revenue Board (IRB) which ordered them to pay the tax arrears to be decided by the Federal Court,“ said Wee, adding that the court set Oct 4 for case management.6 juta sementara menunggu penyelesaian rayuan di Mahkamah Persekutuan. The government, through the IRB, filed a bankruptcy notice in the High Court here on Feb 4, 2021 against Najib and Mohd Nazifuddin as debtors. According to the notice, Najib is required to pay RM1. Bermula July 2018, akses bagi laporan penuh hanya untuk anda yang melanggan.69 billion with five per cent interest rate per annum on the total balance from July 22, 2020 (date of High Court decision) to Feb 4, 2021, which is RM45.9 million and costs of RM15,000, and as of Feb 4, 2021, the amount payable is RM1,738,804,204.

16. As for Mohd Nazifuddin, he has to pay RM37.6 million with five percent interest rate per annum on the total balance from July 6, 2020 (date of High Court decision) to Feb 4, 2021 which is RM1.1 million and costs of RM10,000 and as of Feb 4, 2021 the amount payable is RM38,758,370.93.

Najib and Mohd Nazifuddin failed in their appeal in the Court of Appeal on Sept 9, 2021 to set aside the summary judgments, but allowed their application to stay the judgment order pending the hearing of the application for leave to appeal in the Federal Court. On May 10, the Federal Court granted leave to appeal to Najib and Mohd Nazifuddin regarding the judgment obtained by the IRB in the tax arrears case.-Bernama .