Najib says son’s tax settlement far less than RM13m

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Former prime minister Najib Razak today rebutted a news report claiming that his son, Mohamad Nizar, agreed to pay RM13.16 million in tax arrears.

Najib, in a Facebook post, said the amount was far less than what was sought by the Inland Revenue Board (IRB).

“It was far, far, far less. It proves that the figure imposed on my son by the IRB during Pakatan Harapan’s time was excessive and politically motivated,” he said.

Bernama

“But the actual figure cannot be revealed because of confidentiality clause (imposed by IRB). We will not protest if they want to make it public.”

Yesterday, The Malaysian Insight reported that Nizar had recorded a consent order with the Special Commissioners of Income Tax (SCIT) over the payment of income tax arrears.

Following this, businessman Nizar, 43, will be withdrawing his appeal at the Court of Appeal against a High Court’s decision that granted a summary judgment in the tax suit filed against him by IRB.

His lawyer, Muhammad Farhan Muhammad Shafee, confirmed this when contacted by Bernama.

Nizar’s other lawyer, Wee Yeong Kang, said the consent order was recorded before SCIT on August 26.

Wee said the consent order recorded was in relation to the additional tax assessment for the assessment years 2011 to 2017 inclusive of 10% and 5% in penalties amounting to RM13,159,821.94.

On August 7 last year, the Shah Alam High Court allowed IRB’s application for a summary judgment against Nizar and ordered him to pay RM13.16 million in unpaid taxes for the assessment years from 2011 to 2017. He subsequently filed an appeal to the Court of Appeal against this decision.

A summary judgment is where a court decides a case through arguments without hearing the testimony of witnesses in a trial.

In her judgment, judicial commissioner Julie Lack Abdullah ruled that the issues raised by Nizar were devoid of merits and did not constitute triable issues. – September 4, 2021.

The IRB has filed similar suits against Najib over tax arrears amounting to RM1.69 billion and Nizar’s younger brother Mohd Nazifuddin for arrears amounting to RM37.6 million.

Nizar’s stepbrother Riza Aziz was granted a discharge not amounting to acquittal for laundering US$248 million (RM1.08 billion) linked to 1MDB after agreeing to settle.

Najib is the only person in his family to have been convicted. His hearing before the SCIT is scheduled for Jan 3 next year.


Earlier report: Sept 3, Najib’s son Nizar agrees to pay RM13.16m back taxes