Malaysian government seeks additional 411 million USD in taxes from Najib

The Malaysian Government, through the Inland Revenue Board, has filed a lawsuit against Najib as the sole defendant at the High Court registry on June 25. According to the notice, Najib must pay a total of 1.47 billion ringgit for the seven years within 30 days of the date of the assessment notice. However, Najib's failure to pay on schedule has resulted in a 10 percent increase, which is in accordance with the Income Tax Act 1967. The High Court of Kuala Lumpur has set July 8 as the date of completion for Najib's case.