Summary judgment granted, Najib needs to pay RM1.69b tax
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Title : Summary judgment granted, Najib needs to pay RM1.69b tax
Category : Malaysians
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. On June 22, it was reported that judge Ahmad Bache reserved his decision on IRB’s summary judgment application following submissions by legal representatives of the board as well as Najib. The government filed the suit against Najib on June 25 last year. It sought over RM1.69 billion from the former premier with an…
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