Politics · Singapore Bureau
Malaysian court halts bankruptcy proceedings for Najib, son amid tax dispute
A Malaysian court has granted a stay of bankruptcy proceedings for former Prime Minister Najib Razak and his son Nazifuddin as they challenge tax assessments through separate legal channels.
LSN Singapore ·
The court's decision to halt the bankruptcy cases comes as Najib and Nazifuddin pursue disputes over tax assessments in two Special Commissioners of Income Tax (SCIT) proceedings. The stay effectively pauses the bankruptcy action while the tax matters are being resolved through the alternate legal process.
Najib Razak, who served as Malaysia's Prime Minister from 2009 to 2018, has faced multiple legal challenges in recent years. The decision to grant the stay suggests the court determined that allowing the tax disputes to proceed through SCIT channels first would be appropriate, rather than advancing bankruptcy proceedings simultaneously.
The SCIT proceedings represent a formal avenue for challenging tax assessments in Malaysia, and the court's ruling indicates both the former PM and his son have grounds to pursue this dispute resolution pathway. The stay remains in effect pending the outcome of these tax-related proceedings.