Najib needs to pay RM1.69 billion tax (1)
- 4 years ago
The Inland Revenue Board (IRB) succeeded in its bid for summary judgment in a suit to recover RM1.69 billion in income tax from Najib Abdul Razak.
In effect, this means the former prime minister now has to pay the RM1.69 billion in tax to the IRB.
This followed the Kuala Lumpur High Court’s decision this afternoon to allow the IRB’s application for summary judgment in its RM1.69 billion tax suit against Najib.
Summary judgment is where a court decides on a case without going for a full trial, thereby dispensing with the hearing of the testimony of witnesses, among others.
In effect, this means the former prime minister now has to pay the RM1.69 billion in tax to the IRB.
This followed the Kuala Lumpur High Court’s decision this afternoon to allow the IRB’s application for summary judgment in its RM1.69 billion tax suit against Najib.
Summary judgment is where a court decides on a case without going for a full trial, thereby dispensing with the hearing of the testimony of witnesses, among others.