Skip to content
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
Insolvency GuardianInsolvency Guardian
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact
1300 60 70 60
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact

Malaysia ex-PM Najib served with bankruptcy notice over $400 million tax bill – Reuters

By Reuters Staff

3 Min Read

KUALA LUMPUR (Reuters) – Malaysias former prime minister Najib Razak has been served with a bankruptcy notice for failing to pay more than $400 million in unpaid taxes, a move that the ex-premier described as an attempt to destroy his political career.

FILE PHOTO: Former Malaysian Prime Minister Najib Razak reacts during a break at Kuala Lumpur High Court in Kuala Lumpur, Malaysia, February 5, 2020. REUTERS/Lim Huey Teng

Najib, who lost a historic election in 2018, is facing dozens of corruption and money laundering charges over the suspected theft of billions of dollars from 1Malaysia Development Berhad, a state fund he co-founded.

He has denied wrongdoing and on Monday launched a court appeal to set aside his con…

Read the full article at: https://www.reuters.com/article/us-malaysia-politics-najib-idUSKBN2BU09L

Category: BankruptcyBy Insolvency GuardianApril 22, 2021

Post navigation

PreviousPrevious post:RI Ranks as One of America’s Biggest Gambling States, Says Report – GoLocalProvNextNext post:Bio-Hybrid company files for insolvency – electrive.com – www.electrive.com

Related Posts

Ontario builder, property company placed in receivership over RBC debt
August 17, 2026
State Govt owed money as creditors pull plug on SA energy company
August 17, 2026
Intercontinental Exchange CEO bought Warren Buffett’s near-bankrupt company for $1,000
August 16, 2026
JSW Mahanadi Power and Raigarh Champa Rail Reach Amicable Settlement in NCLAT Dispute, ETEnergyworld
August 16, 2026
Singapore Nozomii vending business collapse leaves 40 investors facing over RM12m in losses
August 16, 2026
Singapore Nozomii vending business collapse leaves 40 investors facing over RM12m in losses
August 16, 2026

Malaysia ex-PM Najib served with bankruptcy notice over $400 million tax bill – Reuters

By Reuters Staff

3 Min Read

KUALA LUMPUR (Reuters) – Malaysias former prime minister Najib Razak has been served with a bankruptcy notice for failing to pay more than $400 million in unpaid taxes, a move that the ex-premier described as an attempt to destroy his political career.

FILE PHOTO: Former Malaysian Prime Minister Najib Razak reacts during a break at Kuala Lumpur High Court in Kuala Lumpur, Malaysia, February 5, 2020. REUTERS/Lim Huey Teng

Najib, who lost a historic election in 2018, is facing dozens of corruption and money laundering charges over the suspected theft of billions of dollars from 1Malaysia Development Berhad, a state fund he co-founded.

He has denied wrongdoing and on Monday launched a court appeal to set aside his con…

Read the full article at: https://www.reuters.com/article/us-malaysia-politics-najib/malaysia-ex-pm-najib-served-with-bankruptcy-notice-over-400-million-tax-bill-idUSKBN2BU09L?il=0

Category: BankruptcyBy Insolvency GuardianApril 7, 2021

Post navigation

PreviousPrevious post:Star doubles down on Asian VIP’s $43m debt – Hepburn AdvocateNextNext post:Analysis: SDRs and debt holidays still just a band-aid for debt-hobbled countries – Reuters

Related Posts

Ontario builder, property company placed in receivership over RBC debt
August 17, 2026
State Govt owed money as creditors pull plug on SA energy company
August 17, 2026
Intercontinental Exchange CEO bought Warren Buffett’s near-bankrupt company for $1,000
August 16, 2026
JSW Mahanadi Power and Raigarh Champa Rail Reach Amicable Settlement in NCLAT Dispute, ETEnergyworld
August 16, 2026
Singapore Nozomii vending business collapse leaves 40 investors facing over RM12m in losses
August 16, 2026
Singapore Nozomii vending business collapse leaves 40 investors facing over RM12m in losses
August 16, 2026
Insolvency Guardian
© Insolvency Advisory Accountants Pty Ltd trading as Insolvency Guardian Australia.

Disclaimer

Go to Top
Call Now Button