Datuk Seri Najib Razak. – Bernama filepic
KUALA LUMPUR: Datuk Seri Najib Razak is not a bankrupt despite a court ruling that dismissed his application for a stay on a summary judgment where he is ordered to pay RM1.69bil in tax arrears owed to the Inland Revenue Board (LHDN).
Lawyer Mohamed Haniff Khatri Abdulla said there was a public misconception that the former prime minister was a bankrupt from the bankruptcy notice that was issued to him on Feb 4.
According to the lawyer, there are phases to a bankruptcy process that one must go through before the person is declared bankrupt.
Until this declaration is made by the court, Najib is still the rightful Pekan MP.
The disqualification for an MP is governed by Article 48(1)(b) of the Fe…
Read the full article at: https://www.thestar.com.my/news/nation/2021/06/16/najib-not-a-bankrupt-despite-court-ruling-says-lawyer
