Datuk Seri Najib Razak. -Bernama filepic
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak is not bankrupt despite a court ruling dismissing his application for a stay on a summary judgment that requires him to pay RM1.69bil in tax arrears to the Inland Revenue Board (LHDN).
Lawyer Mohamed Haniff Khatri Abdulla said there was a public misconception that Najib was a bankrupt because of the bankruptcy notice that was issued to him on Feb 4.
According to the lawyer, there are phases to a bankruptcy process that a person must go through before being declared bankrupt.
Until this declaration is made by the court, Najib is still the rightful Pekan MP, he added.
The disqualification of an MP is governed by Article 48(1)(b) of the Fe…
Read the full article at: https://www.thestar.com.my/news/nation/2021/06/15/najib-still-an-mp-not-a-bankrupt-despite-court-ruling-says-lawyer