KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak may lose his political career and right to contest in elections if the bankruptcy proceedings against him are allowed to continue, says his lawyer Tan Sri Dr Muhammad Shafee Abdullah.
He said, if the court did not allow a stay on its order for Najib to settle the RM1.69bil in additional income tax arrears and penalties to the Inland Revenue Board (LHDN), Najib would suffer a lot of damages.
“He would (also) lose his pension, his properties would be auctioned in order for all this to be executed. It will never be reversible,” Muhammad Shafee said in his submission during a hearing for a stay via Zoom here on Friday.
“LHDN has not shown where this money comes from. There is a serious error on the computation.
“We are only asking for a stay until certain things are resolved,” he said.