IRB gets summary judgment in RM1.8b tax suit against Jho Low's father
Published date | 02 February 2023 |
Publication title | Malay Mail Online |
The Penang High Court has granted the Inland Revenue Board's (IRB) application for a summary judgment to recover RM1.8 billion in tax arrears from Tan Sri Larry Low Hock Peng, the father of fugitive businessman Low Taek Jho or Jho Low.
A summary judgment is when a court decides a case without hearing the testimony of witnesses.
Judge Datuk Seri Tun Abd Majid Tun Hamzah who delivered the decision yesterday allowed the application and ordered Hock Peng to pay costs of RM3,000.
The court also rejected Hock Peng's application to strike out the suit filed by the government through the IRB.
Senior revenue counsels Norhisham Ahmad Norhisham Ahmad, Al-Hummidallah Idrus dan Muhammad Aiman Abdullah appeared for IRB while Hock Peng was represented by lawyers Yatiswara Ramachandran, Francis Tan and Oh Chong Ghee.
On March 24, 2021, the government as the plaintiff filed an application for a summary judgement to be entered against Hock Peng as the defendant in its suit to recover RM1,884,098,662.55 with interest at five per cent per annum from the date of this judgment (February 1) to the date of full realisation.
The application was made on the grounds, among others...
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