Former AMP director owes $118k in taxes
A former director of the Association of Muslim Professionals (AMP) has failed to get a court order to stop the taxman from coming after him to make good on tax arrears totalling $117,716.
If Mr Mohd Nizam Ismail does not meet the statutory demand to settle his debt, bankruptcy proceedings can be started against him.
But this worry has been allayed for the 46-year-old lawyer and former deputy public prosecutor for now, having reached a settlement with the Inland Revenue Authority of Singapore (Iras).
He said through his lawyer See Chern Yang last night, that the "parties have reached a mutually acceptable arrangement out of court".