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