Malaysia’s former PM Najib Razak served with bankruptcy notice over unpaid US$400 million tax bill

Apr 7, 2021 | INVESTING

Malaysia’s former prime minister Najib Razak has been served with a bankruptcy notice for failing to pay more than US$400 million in unpaid taxes, a move that the ex-premier described as an attempt to destroy his political career.Najib, who lost the historic 2018 election, is facing dozens of corruption and money laundering charges over the suspected theft of billions of dollars from 1Malaysia Development Berhad, a state fund he co-founded.He has denied wrongdoing and on Monday launched a court…

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