Putrajaya goes to court to recover RM1.69 bil in taxes from Najib

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The amount is additional tax assessments between 2011 and 2017. FMTNews Najibrazak IRB

KUALA LUMPUR: Putrajaya has filed a suit through the Inland Revenue Board to recover RM1.69 billion in additional tax assessments between 2011 and 2017 from Najib Razak.

The statement of claim, filed on June 25, followed the first additional assessment notice dated March 20. The 10% increase is stated under Section 103 of the Income Tax Act 1967 after Najib refused to pay the initial RM1.47 billion within 30 days from the date the initial notice was delivered. Meanwhile, a case management will be held before deputy registrar Erry Shahriman Nor Aripin on July 8.

He said the largest amount in tax was in 2013 when his bank account received RM2.6 billion. A bank officer had told a court hearing in the SRC case that these funds were returned to the sender four months later but he was still being taxed for that, he said.

 

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