{
  "id": 5487994,
  "title": "Court of Appeal halts bankruptcy threat against Najiib and son over RM1.73 billion tax bill",
  "url": "https://urgent.news/2026/09/04/court-of-appeal-halts-bankruptcy-threat-against-najiib-and-son-over",
  "topic": "world",
  "section": "World",
  "published": "2026-09-04T04:24:00.000Z",
  "source": {
    "name": "The Vibes",
    "slug": "the-vibes",
    "url": "https://www.thevibes.com/articles/news/126937/court-of-appeal-halts-bankruptcy-threat-against-najiib-and-son-over-rm1.73-billion-tax-bill"
  },
  "original_language": "en",
  "account": "The Court of Appeal has halted bankruptcy proceedings against former Prime Minister Datuk Seri Najib Razak and his son, Datuk Mohd Nazifuddin, pending the outcome of their tax appeals. The three-member panel ruled that the tax assessments totalling RM1.73 billion are substantial enough to warrant the stay of the proceedings. The decision overturns the High Court's rejection of their applications for a stay in November 2025. The panel also set aside the decision to dismiss their tax appeal challenges, stating that the bankruptcy decision has irreversible consequences beyond merely recovering the paid funds. The government will not be prejudiced by the decision, and the court identified a new issue regarding the overlap of funds subjected to additional tax assessments and criminal charges against Najib. The case proceeds to separate proceedings before the Special Commissioners of Income Tax, with appeals scheduled for September and October 2026.",
  "summary": "FORMER prime minister Datuk Seri Najib Razak and his son, Datuk Mohd Nazifuddin, will not face bankruptcy proceedings for now after the Court of Appeal unanimously ordered the proceedings to be stayed pending the outcome of their tax appeals. A three...",
  "key_points": [
    "Court of Appeal halts bankruptcy threat against Najib Razak and son",
    "RM1.73 billion tax bill assessed, proceedings stay ordered",
    "Case moves to Special Commissioners of Income Tax, appeals pending September-October 2026"
  ],
  "editors_take": "The Court of Appeal's decision grants Najib and his son temporary reprieve from bankruptcy, acknowledging the significant financial stakes and potential irreversible consequences if the tax appeals ultimately succeed.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CBC Canada",
        "title": "Federal Court of Appeal rules in favour of Quebec moms denied EI benefits after maternity job loss",
        "url": "https://urgent.news/2026/09/03/federal-court-of-appeal-rules-in-favour-of-quebec-moms-denied-ei",
        "published": "2026-09-03T23:50:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}