Report: Taxman sues Najib’s son for RM37.6m in back taxes
Datuk Seri Najib Razak’s son, Datuk Mohd Nazifuddin, is being sued by the government for RM37.6 million in additional tax owed from 2011 to 2017, a news report said.
(The Borneo Post) – The lawsuit was filed by the Inland Revenue Board on behalf of the government at the Kuala Lumpur High Court Registry on July 24, Malaysiakini said citing the writ of summons it had sighted.
The news portal said the sum of RM37.6 million included 10 percent on the total due to his alleged failure to pay the back taxes within 30 days of receiving the assessment notice on March 18 and a further five per cent for failing to pay up within 60 days.
It said the government was also seeking five percent annual interest on the total from the date of judgement to the date of settlement, as well as costs and any other relief deemed fit by the court.
According to the website of the Federal Court Chief Registrar’s Office, the matter came up for e-Review case management this morning.