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    HomeNewsHeadlinesJan 6 hearing date for Najib and son's bid to stay bankruptcy...

    Jan 6 hearing date for Najib and son's bid to stay bankruptcy proceedings

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    KUALA LUMPUR: The appeal hearing for Datuk Seri Najib Tun Razak and his son Datuk Mohd Nazifuddin Najib against the High Court’s dismissal of their application to stay bankruptcy proceedings has been set for Jan 6.

    The bankruptcy proceedings were initiated after they failed to settle RM1.69bil and RM37.6mil in tax arrears respectively.

    Their lawyer Wee Yeong Kang said the appeal was filed on Aug 6.

    “The appeal will be heard before High Court Judicial Commissioner Suhendran Sockanathan @ Saheran Abdullah via Zoom,” Wee said when contacted on Tuesday (Oct 1).

    ALSO READ: Najib and son fail to stay bankruptcy proceedings over tax bill

    On Oct 16 last year, the Federal Court ruled that the duo must settle the unpaid taxes after dismissing their appeal to quash the High Court’s decision against them.

    Najib and his son had appealed against two High Court decisions to allow the Inland Revenue Board’s (LHDN) application to enter summary judgments over the income tax arrears case.

    A summary judgment is obtained when the court decides on a case through written submissions without a full trial and calling witnesses.

    ALSO READ: No special treatment: Najib, Nazifuddin must pay RM1.7bil tax arrears, counsel tells court

    Two separate High Courts had allowed LHDN’s applications to enter summary judgments to recover tax arrears from the duo for the period between 2011 and 2017.

    Both Najib and Nazifuddin lost their appeals in the Court of Appeal in September 2021 to set aside the summary judgments.

    On May 10, 2022 the Federal Court granted them leave to pursue their appeals with the apex court. – Bernama

    ALSO READ:  Analysis-Russia's GDP boost on military spending belies wider economic woes

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