IRB’s RM1.69b appeal in Najib bankruptcy case set for Feb 23; no appeal for Nazifuddin
Résumé détaillé
The Federal Court has fixed February 23 next year to hear the Inland Revenue Board’s (IRB) application for leave to appeal against the Court of ...
PUTRAJAYA, Nov 13 — The Federal Court has fixed February 23 next year to hear the Inland Revenue Board’s (IRB) application for leave to appeal against the Court of Appeal’s decision granting former Prime Minister Datuk Seri Najib Razak a stay of bankruptcy proceedings against him.
Lawyer Wee Yeong Kang, representing Najib, confirmed the hearing date to Bernama when contacted.
He said the date was fixed during an earlier case management session early this month (November 4).
A further case management session was held today before Federal Court Deputy Registrar Norshakinah Ahmad Kamarudin.
Wee also confirmed that the IRB had not filed an application for leave to appeal against the Court of Appeal’s decision granting a stay of bankruptcy proceedings against Najib’s son, Datuk Mohd Nazifuddin.
On September 4, the Court of Appeal ruled in favour of Najib and Mohd Nazifuddin, allowing their applications to stay the bankruptcy proceedings pending the disposal of their appeals before the Special Commissioners of Income Tax (SCIT) over additional tax assessments issued by the IRB.
A three-member panel chaired by Justice Datuk Dr Alwi Abdul Wahab ruled that the stay was warranted as both appellants had raised specific issues that required determination by the SCIT.
Justice Alwi said there were substantial issues concerning alleged errors in the computation of the taxable amount of approximately RM1.69 billion, including claims of double taxation and the treatment of refunded donations and dividends used for charitable and political purposes.
He noted that the IRB had not disputed the merits of these issues, maintaining instead that they should be properly determined by the SCIT.
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