Malaysiakini NEWS

Najib faces lawsuit for failing to pay RM1.69b in income tax

Bernama

Published:

The Malaysian government has filed a lawsuit against former prime minister Najib Abdul Razak (photo), seeking RM1.69 billion in income tax which he still owed the Inland Revenue Board (IRB) for the assessment years 2011 to 2017.

The suit, filed through IRB last June 25, named Najib as the sole defendant.

The government is seeking Najib to pay RM1,692,872,924.83, interest at five percent a year from the date of judgment, as well as costs and other relief deemed fit by the court.

In the statement of claim, the government said, as stated through a notice of additional assessments dated March 20, 2019, the additional tax assessments on Najib’s income for the assessment year 2011, 2012, 2013, 2014, 2015, 2016 and 2017 were RM116,173,374.12; RM320,929,932.31; RM891,573,465.46; RM119,144,655.51; RM16,879,500.03; RM643,445.21 and RM346,471.41.

The government claimed the notice was sent via registered mail to Najib on March 25, 2019, to his last address at Jalan Langgak Duta, Taman Duta in Kuala Lumpur and the mail was never returned to IRB.

Since Najib failed to pay the taxes within the stipulated 30-day period as required under Section 103 of the Income Tax Act 1967, the amount was increased by 10 percent, which are RM11,617,337.41; RM32,092,993.23; RM89,157,346.54; RM11,914,465.55; RM1,687,950.00; RM64,344.52 and RM34,647.14 for the assessment years 2011 to 2017, respectively.

Najib was given 60 days to pay the taxes, together with the 10 percent increase, but he still failed to do so.

Following which, Najib was slapped with another five percent increase on the 10 percent hike, amounting RM6,389,535.57; RM17,651,146.27; RM49,036,540.60; RM6,552,956.05; RM928,372.50; RM35,389.48 and RM19,055.92 for the stipulated assessment years, bringing the total amount of income tax due to RM1,692,872,924.83.

The matter has been fixed for case management on July 8 before High Court deputy registrar Erry Shahriman Nor Aripin.

- Bernama

Share this story

Budget 2020
  • Infographic
    Budget visualised
  • Quiz
    What's in it for you?
  • Poll
    Love it or hate it?
  • Live blog
    Read our Live reporting
OR

Welcome back,

Your subscription expires on
  

Your subscription will expire soon, kindly renew before
  

Your subscription is expired
  Click here to renew

You are not subscribed to any subscription package
  Click here to subscribe now

Any questions?
  Email: [email protected]
  Call: +603-777-00000

Renew