Court grants Najib and son stay of bankruptcy proceedings


PUTRAJAYA: Datuk Seri Najib Razak and his son Datuk Mohd Nazifuddin have succeeded in their appeal to stay bankruptcy proceedings against them over failure to settle tax arrears amounting to billions of ringgit.

A three-judge panel chaired by Justice Dr Alwi Abdul Wahab unanimously allowed the stay application by Najib and Mohd Nazifuddin in the decision here on Friday (Sept 4).

ALSO READ: RM1.69bil tax arrears erroneous’

Other judges on the panel were Justices Dr Shahnaz Sulaiman and Ong Chee Kwan.

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