Malaysia

IRB, Ku Nan settle suit over RM57 mil unpaid taxes

Former FT minister’s lawyer declines to disclose settlement terms

Updated 5 years ago · Published on 23 Sep 2020 2:59PM

IRB, Ku Nan settle suit over RM57 mil unpaid taxes
Former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor is accused of not paying RM57.17 million in income tax for the assessment years 2012 to 2017. – Bernama pic, September 23, 2020

KUALA LUMPUR – The Inland Revenue Board’s (IRB) suit against former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor to recover RM57.17 million in income tax arrears was today settled amicably at the Kuala Lumpur High Court.

“Both parties have amicably resolved the matter. It’s a settlement,” lawyer S. Saravana Kumar, representing Tengku Adnan, told reporters after the proceedings, which were held in chambers before judge Datuk Azimah Omar.

The court subsequently recorded the consent judgment.

Saravana declined to disclose the terms of the settlement, including the amount to be paid by the Putrajaya MP to IRB.

Today’s proceedings were also attended by senior revenue counsel Norhisham Ahmad and Al-Hummidallah Idrus, and deputy solicitor Hazlina Hussain, appearing for IRB.

On September 2, the parties in the case told Azimah that they were in the process of settling the suit, and the judge gave them till today to reach an agreement.

The government, via IRB, filed the suit against Tengku Adnan on July 24 last year over unapid taxes for the assessment years 2012 to 2017.

IRB, in its suit, said the lawmaker failed to pay taxes with a 10% penalty, for a total of RM57,167,069.35. – Bernama, September 23, 2020

Related News

Malaysia / 2y

Hamzah confirms accounts frozen, vows to fight on 

Malaysia / 2y

‘13,000 taxpayers clear arrears under voluntary disclosure scheme within two months’

Business / 3y

E-invoicing to be rolled out in H1 next year: IRB

Malaysia / 3y

IRB offers instalment payments for income tax arrears, RPGT

Malaysia / 3y

Final say on deceased’s tax arrears to be known by Sept: minister

Malaysia / 3y

Firm director gets RM2.4-mil penalty for not filing tax returns

Spotlight

Malaysia

Court quashes RM313.8 million tax bill against Na’imah

Malaysia

Alternative medicine practitioner arrested on suspicion of molesting client

Malaysia

Drones, AI among measures to strengthen border security

By Alfian Z.M. Tahir

Malaysia

New NS exco line-up to be sworn in tomorrow as BN-PN government takes shape

Malaysia

MACC-Customs task force under discussion as smuggling cases pile pressure on enforcement agencies

Malaysia

JBPM taking all necessary steps to face hot weather, Super El Niño

Malaysia

Police team heads to Jakarta as Malaysia probes pilot’s alleged drug link

By Alfian Z.M. Tahir

Malaysia

Foreign management institute denies claims of any wrongdoing

Malaysia

Court orders police to probe foreign management institute

Malaysia

BN vows to defend all 21 Melaka seats ahead of state election

Malaysia

Thai border town Dan Nok fades as new border crossing diverts Malaysian traffic

You may be interested

Malaysia

Zahid rejects ‘outsider’ claims in Negeri Sembilan MB appointment dispute

Malaysia

F1 return to Sepang set to drive tourism, investment and economic growth - Anwar

Malaysia

UMNO general assembly rescheduled to Sept 9–12

Malaysia

A stranger’s helping hand shows the Malaysia beyond politics (video)

By The Vibes Says

Malaysia

Civil society coalition demands AG explain Nicky Liow’s DNAA in RM36m money laundering case

Malaysia

MOF: Unsubsidised petrol, diesel prices cut by 5 sen from Aug 6

Malaysia

BN vows to defend all 21 Melaka seats ahead of state election

Malaysia

Thai border town Dan Nok fades as new border crossing diverts Malaysian traffic