LHDN gets summary judgment in RM1.05bil tax suit against Jho Low

KUALA LUMPUR: The Penang High Court has granted the Inland Revenue Board’s (LHDN) application for a summary judgment to recover RM1.05bil in tax arrears from fugitive businessman Low Taek Jho or Jho Low.

Judicial Commissioner Kenneth Yoong Ken Chinson St James in his decision ruled that there was neither a triable issue nor "some other reason” for there to be a trial to determine this statutory tax claim of RM1,053,972,936.58.