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Malaysian Ex-pm Najib Vows To Fight Bankruptcy Over Tax Bill

by news.yahoo.com posted 5months ago 28 views
KUALA LUMPUR, Malaysia (AP) — Malaysia's former Prime Minister Najib Razak said he has received a bankruptcy notice for failing to pay $411 million in taxes, slamming it as a political move to wreck his career. In a Facebook post, Najib said the bankruptcy notice was issued Tuesday at the end of the first day of an appeal to overturn his graft conviction and 12-year prison sentence. Najib, 67, faced multiple corruption charges after he lost 2018 elections in a shocking defeat fueled by public anger over a multi-billion-dollar looting at the 1MDB investment fund that he founded.

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