Malaysia

IRB, Ku Nan settle suit over RM57 mil unpaid taxes

Former FT minister’s lawyer declines to disclose settlement terms

Updated 6 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 / 3y

Hamzah confirms accounts frozen, vows to fight on 

Malaysia / 3y

‘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

Diary

Penang reaffirms commitment to preserve heritage sites across the state

By Ian McIntyre

Opinion

AI: A Godsend for those with dyslexia in education and careers

Malaysia

Malaysia prepares for aged nation status by 2036

Malaysia

Mentally disabled suspect remanded for 7 days over fatal hammer attack in Marang

Malaysia

Masidi urges Putrajaya to address Sabah doctor shortage in upcoming Budget 2027

Malaysia

Police rearrest motivational speaker as second woman files harassment report in Perlis

Malaysia

Anwar vows zero compromise on school safety after alleged murder of teen Irene Sofiya

Malaysia

Classmates arrested as police probe fatal assault of 16-year-old Irene Sofiya

Malaysia

Loneliness, social media drive elderly pensions into hands of cyber scammers

Malaysia

Another desperate attempt by Nadzaruddin and former Undangs

You may be interested

Malaysia

Ongoing talks could see Formula One return to Sepang International Circuit, says PM

Malaysia

Anwar vows zero compromise on school safety after alleged murder of teen Irene Sofiya

Malaysia

Irene Sofiya had wanted to become a doctor like her late mother

Malaysia

Man beaten to death with hammer by mentally ill brother in Marang domestic tragedy

Malaysia

Police probe possible murder of Form Four student found dead in Yong Peng school

Malaysia

BN-PAS cooperation faces tougher test when power is at stake

Malaysia

Police investigate motivational speaker over alleged child sexual harassment in Perlis

Malaysia

Motivational speaker remanded for two days over alleged child sexual harassment in Kangar