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Malaysia court rules former PM Najib and son have to settle over $489m in unpaid taxes

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Both Najib and Nazifuddin lost their appeals last September to set aside the summary judgment. Read more at straitstimes.com.

PETALING JAYA - Malaysia’s Federal Court has ruled that former prime minister Najib Razak and his son Mohd Nazifuddin need to settle RM1.69 billion andThe dismissal of the appeal was made on Monday , with the apex court dismissing the appeal by Najib and Mohd Nazifuddin.

In handing down the Federal Court’s decision, Justice Tan Sri Nallini Pathmanathan said the IRB is levying tax on the appellants in the same manner it does for all citizens of the nation. She further said that the appellants can still bring their case for reassessment before the Special Commissioners of Income Tax .

“It is not undertaking a full judicial adjudicatory role. Its full adjudicatory judicial power is deferred to the appeal arising from the decision of the SCIT by way of questions of law, or administrative or constitutional judicial review at a subsequent stage.

Source: Law Daily Report (lawdailyreport.net)

 

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