The Kuala Lumpur High Court yesterday declared Eric Tan Kim Loong, who is alleged to be an associate of fugitive businessperson Low Taek Jho or Jho Low, bankrupt after failing to pay income tax of RM68,334,219.01 to the government.

Senior assistant registrar Chai Guan Hock recorded the bankruptcy order after hearing a creditor's petition filed by the government through the Inland Revenue Board (IRB) against Tan on Dec 15, 2021.

The revenue counsel of the Klang Valley branch, Siti Maisarah Ab Rahim, confirmed the matter.