PM: Not true Guan Eng revoked Albukhary's tax-exempt status

PARLIAMENT | Prime Minister Anwar Ibrahim has denied claims that Bagan MP Lim Guan Eng, as then finance minister, revoked the Albukhary Foundation's tax-exempt status.

Anwar told the Dewan Rakyat today that under sub-section 44(6) of the Income Tax Act 1967, the Inland Revenue Board's director-general has full power over matters related to tax exemption, with no interference from the finance minister or prime minister.

"The Albukhary Foundation has been...