MP Tengku Adnan Settles RM57 Million Unpaid Tax Suit With IRB For An Undisclosed Amount
Datuk Seri Tengku Adnan Tengku Mansor has settled over RM57 million in unpaid taxes that he owed to the Inland Revenue Board (IRB) for an undisclosed amount, according to his counsel S Saravana Kumar
In July last year, the government, through the IRB, had sued UMNO treasurer-general Tengku Adnan, who is also known as Ku Nan, to claim the whopping RM57.17 million in unpaid taxes for 2012 to 2017.
Following which, on 23 September 2020, the IRB agreed to settle the former federal territories minister's income tax arrears out-of-court with the terms of the settlement not disclosed.
Tengku Adnan's lawyer Saravana said that both parties had agreed to amicably resolve the matter out-of-court and that the case shall not proceed to trial, reported The Edge Markets.
"The matter was amicably resolved and the terms are not to be disclosed. It is a settlement. A consent judgement has been recorded by the court," New Straits Times quoted Saravana saying.
The suit against Tengku Adnan was filed on 24 July last year
At the time, the government via the IRB had accused Tengku Adnan, who has retained the Putrajaya parliamentary seat since its inception in 2004, of owing six years worth of income taxes.
The IRB had in its claim said that because Tengku Adnan failed to pay the income tax amount within 30 days from the date the notice was issued — the Notice of Assessment was dated 15 March 2019, as stipulated under Section 103 of the Income Tax Act 1967, a 10% tax increase was imposed.
According to the IRB, the total amount he failed to pay was RM57,167,069.35.
The unpaid tax arrears for the years from 2012 to 2017 are listed below:
- RM64,444.38 for 2012
- RM6,614,861.59 for 2013
- RM8,887,576.69 for 2014
- RM9,198,523.67 for 2015
- RM5,520,818.05 for 2016
- RM26,880,844.97 for 2017
Meanwhile, earlier this month, the Malaysian Anti-Corruption Commission (MACC) listed former prime minister Datuk Seri Najib Razak as a corruption offender on its online database:
Prior to that, a former aide to Rosmah Mansor revealed in court that he was given RM100,000 a month to manage a team of cybertroopers: