Govt gets judgment in default for RM68mil tax arrears against Jho Low's right-hand man Eric Tan

KUALA LUMPUR: The government has obtained a judgment in default (JID) against Eric Tan, one of the key figures in the 1Malaysia Development Bhd (1MDB) scandal, for him to pay RM68mil in tax arrears.

The High Court allowed the application by the government to enter a JID against Tan, whose full name is Tan Kim Loong, after he failed to make an appearance before the court.

The order was issued by deputy registrar Farah Shuhada Ramli during case management here on Tuesday (May 4).

The 43-year-old Tan, who is missing, is said to be the right-hand man of fugitive financier Low Taek Jho, better known as Jho Low.

According to the court document on the JID, sighted by The Star, Tan has to pay RM67,996,891.87 to the plaintiff (the government).

The court also ordered Tan to pay interests of 5% per annum from the date of the judgment until realisation date and RM2,000 in costs.

On Jan 15, the government, through the Inland Revenue Board (LHDN), filed the RM68mil claim against Tan for tax arrears between 2010 and 2013.

In the statement of claim, Tan allegedly owed the government RM2.706mil in 2010, RM22.09mil in 2011, RM35.479mil in 2012 and RM1.538mil in 2013 through notices issued on Sept 30 last year.

The notices were sent to his last known address at Taman Pusat Kepong on Nov 24 and there has been no reply.

“As the defendant had failed to pay the amount owed as stipulated in the notice under Section 103 of the Income Tax Act 1967, a 10% surcharge is imposed on the unpaid amount resulting in the additional charges of RM270,602.18 (2010), RM2,209,094.99 (2011), RM3,547,991.14 and RM153,847.30, are imposed, ” the statement of claim said.

It said the Malaysian government is entitled to get the unpaid assessment taxes that were owed and the additional charges.

Tan has been a wanted man, together with businessman Low, since October 2016.

In June 2018, the Malaysian Anti-Corruption Commission (MACC) released a photofit of Tan, together with three others as being wanted to facilitate investigations in connection with 1MDB.

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