Najib’s son served with bankruptcy notice over MYR37.6m in unpaid taxes

KUALA LUMPUR (Bernama) – Former Malaysian prime minister Datuk Seri Najib Razak’s son Datuk Mohd Nazifuddin (BERNAMA pic below) has been served a bankruptcy notice for failing to pay income tax amounting to MYR37.6 million as ruled by the High Court in July last year.

His lawyer Wee Yeong Kang when contacted, said the notice was served to his client on April 30 and that they had filed an affidavit to oppose the bankruptcy notice on May 6.

“My client will also file another application to set aside the notice and to have the bankruptcy proceedings be postponed. The next case management has been set on June 21,” he said after virtual case management before High Court deputy registrar Ida Rahayu Sharif yesterday.

According to documents filed in court, the government through the Inland Revenue Board (LHDN) filed the notice against 38-year-old Mohd Nazifuddin as a debtor in the High Court on February 4, the same day a bankruptcy notice was filed against his father.

Based on the notice, Mohd Nazifuddin had to pay MYR37.6 million with a five-per-cent interest rate per annum on the total balance from July 6, 2020, (date of High Court’s decision) to February 4, 2021, bringing the total payable amount to MYR38,758,370.93.

On July 6 last year, the High Court ruled that Mohd Nazifuddin had to pay the LHDN MYR37.6 million in additional tax and penalties for the period from 2011 to 2017, after allowing the LHDN’s application to enter a summary judgment against him.

A summary judgement is when the court decides a particular case summarily, without calling witnesses to testify in a trial.

Mohd Nazifuddin has filed an appeal against the High Court’s decision in the Court of Appeal, which will hear the case on August 9.