Panama Papers: It's okay to keep money offshore, says Ku Li

  • Nation
  • Tuesday, 05 Apr 2016

KUALA LUMPUR: It is acceptable for people to keep their money abroad or anywhere else to evade tax although it may not be legal, said Tengku Razaleigh Hamzah.

"This has been going on for a long time. Everybody knows of the existence of all these facilities and they keep money abroad in order to be shielded from tax," he told reporters on Tuesday.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Nation

Zayn Rayyan murder: Autopsy shows victim possibly struggled with murderer, says cops
There are still many Malaysians falling victim to job scams, says Fadillah
Floods: 1,581 still housed at six relief centres in Pasir Mas
Two policemen among four detained for robbing foreign workers
Priority on resolving basic issues, not building Labuan-Sabah bridge, says PM
Three kids drown in Kudat construction pool
No new Covid-19 variants in Malaysia, says Dr Zaliha
My daughter keeps asking for Daddy, says Syed Muhammad Danial's widow
Freeze on foreign workers' quota still active, says Sivakumar
Multiracial 2,000-singer gathering in Kuching sets Christmas carol record

Others Also Read