Malaysia seeks The Hague court to dismiss Sulu claimants' bid to enforce final award of US$14.9bil

  • 📰 staronline
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 75%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

KUALA LUMPUR: Malaysia has submitted its defence that the Sulu claimants’ application for the recognition and enforcement of a purported arbitral award of US$14.9bil (RM62.59bil) issued against Malaysia in February 2022 is null and void.

The Sulu Secretariat in a statement said therefore, the claimants’ request was inadmissible and must, in any case, be denied.

"Malaysia maintains the position that there is no arbitration agreement to provide any basis for any purported arbitration. The secretariat said Malaysia was committed to safeguarding its sovereignty and upholding the sanctity of the international commercial arbitration process and laying bare the claimants' frivolous attempts to enforce a sham award that is null and void.

Malaysia denounced this attempt to pervert the rule of law, does not recognise the alleged legitimacy of the purported arbitral award and was litigating across Europe to ensure that this scam was exposed and the award was overturned, it said.

Source: Law Daily Report (lawdailyreport.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia Madani or ‘Malaysia mana ni?’APRIL 19 — Before I go to sleep, I usually spend some time having an angry little owl yell at me. If you’re a language enthusiast you would know I am talking about the...
Source: malaymail - 🏆 1. / 86 Read more »

Kerajaan bangunkan laman sesawang khusus berkaitan tuntutan Kumpulan Sulu | Harian MetroPutrajaya: Menteri Undang-Undang dan Reformasi Institusi Datuk Seri Azalina Othman Said berkata, kerajaan telah membangunkan sebuah laman sesawang yang mengandungi maklumat berkaitan sejarah dan perkembangan semasa tuntutan Kumpulan Sulu yang akan dilancarkan esok.
Source: hmetromy - 🏆 26. / 51 Read more »

Malaysia presents its case at Hague Court of Appeal, insists Final Award to seize US$14.9b by Sulu ‘heirs’ inadmissibleKUALA LUMPUR, April 19 — Malaysia has made its case before the Hague Court of Appeal in the application by a group of Sulu ‘heirs’ to enforce the purported Final Award in...
Source: malaymail - 🏆 1. / 86 Read more »

ScaleUp Malaysia announces Cohort IV with over US$600k invested into 7 companiesInvestments set to bolster innovation in Malaysia's digital economy Six to receive US$100k each, 7th will receive strategic investment ScaleUp Malaysia has announced investments into seven innovative companies for its Cohort IV. The upfront investments for its accelerator program marks a significant milestone for ScaleUp Malaysia, as it usually announces investments at the end of the program. 'We are delighted to welcome Cohort IV,' said Andre Sequerah (pic), Managing Partner at ScaleUp Malaysia.
Source: DNewsAsia - 🏆 23. / 51 Read more »

Malaysia not completely free from risk of earthquakesKUALA LUMPUR: Malaysia is not completely free from the risk of earthquakes, says the Natural Resources, Environment and Climate Change Ministry. Why must this remind me of this?
Source: staronline - 🏆 4. / 75 Read more »

Get to KLIA four hours before flight, Malaysia Airlines advises Hari Raya travellersPETALING JAYA: Those flying over the Hari Raya period are advised to get to the airport four hours before their flights are scheduled to take off, says Malaysia Airlines. This is ridiculous! nasyadiyana
Source: staronline - 🏆 4. / 75 Read more »