Ku Nan agrees to pay over RM40mil to settle tax suit


Datuk Seri Tengku Adnan Tengku Mansor. - filepic

KUALA LUMPUR: Former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor has agreed to pay income tax arrears totalling RM40,358,336.61 to the Inland Revenue Board (LHDN) after both parties agreed to resolve the matter amicably.

The LHDN sued Tengku Adnan over unpaid taxes with a 10% increment totalling RM57,167,069.35.

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