Former AMP director owes $118k in taxes
Published on Feb 5, 2014 7:46 AM
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".
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