AG says not stopping London challenge against IPIC but acknowledges bilateral negotiations | Malay Mail

Tuesday, 04 Aug 2020 10:08 AM MYTAttorney General Tan Sri Idrus Harun confirmed that there has been no move to stop the proceedings. ― Picture by Azinuddin Ghazali

KUALA LUMPUR, Aug 4 — Attorney General Tan Sri Idris Harun denied today that the Malaysian government was ceasing its lawsuit to undo a previous settlement with International Petroleum Investment Corporation in London, UK. He confirmed that there has been no move to stop the proceedings at the moment to dispute an online article claiming otherwise.

However, he also confirmed that related negotiations between the governments of Malaysia and Abu Dhabi were taking place concurrently with the legal action. “The government is open to considering any resolution, in the event an offer is made that is in line with the government’s principles and duty, which are to ensure that national assets are recovered and justice is simultaneously upheld,” he said in a statement.

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