KUALA LUMPUR: The Penang High Court has granted the Inland Revenue Board’s (LHDN) application for a summary judgment to recover RM1.05bil in tax arrears from fugitive businessman Low Taek Jho.
Judicial Commissioner Kenneth Yoong Ken Chinson St James ruled that there was neither a triable issue nor “some other reason” for there to be a trial to determine the statutory tax claim of RM1,053,972,936.58.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
