Malaysia will exhaust all legal options to stop the heirs of a former Sulu sultan from enforcing the RM62.59 billion arbitration award as ruled by an international arbitration court in Paris earlier this year.
The statement came after the Sulu sultan heirs had yesterday asked a Dutch court for permission to seize Malaysian assets in the Netherlands. According to the report, some of Malaysia’s biggest companies have operations in the Netherlands, including the national oil and gas company. In March, an international court in Paris ruled that Malaysia had violated a treaty signed in 1878 and now will have to pay at least US$14.92 billion to the descendants of the Sulu sultan, almost 10 years after making the last payment to its heirs.
Too little to late
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:
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.
Wan Junaidi: M'sia to counter Sulu heirs' bid to seize assets in Netherlands'We will spare no expense in defending sovereignty, assets abroad.'
Source: malaysiakini - 🏆 20. / 51 Read more »
Malaysia moves to counter Sulu heirs’ bid to seize assets in Netherlands | The Malaysian InsightWan Junaidi says Putrajaya will defend its sovereignty and assets abroad. Take the payment from the thief in prison.
Source: msianinsight - 🏆 8. / 63 Read more »
Sulu heirs press US$15b claim, target M'sian assets in NetherlandsDispute threatens global assets of M'sian govt and companies. Mcm² cara..mcm² celah nk cuba..bukan kaleng²ni Penyokong UMNO jangan lupa ucap terima kasih kepada Najib. Ini adalah salah satu akibat tindakan beliau yang paling menyusahkan negara kita. Kalau Najib teruskan saja bayaran RM5k tu, mereka ni takde sebab nak buat tuntutan. Aku rasa kena protest dekat kedutaan espanol dan UK, supaya rakyat diorang jangan sibuk dengan urusan negara kita. Kalau mereka ada bola boleh datang ke mahkamah malaysia
Source: malaysiakini - 🏆 20. / 51 Read more »
Malaysia ambil tindakan perundangan di Belanda, halang tuntutan Sulu | The Malaysian InsightWan Junaidi berkata Malaysia tidak akan tunduk kepada pihak yang cuba memanipulasi sistem untuk kepentingan peribadi. Lemah! Semuanya punca Najib Sakau yg bodoh tu.
Source: msianinsight - 🏆 8. / 63 Read more »
Malaysia to resist any bid by Sulu heirs to target assets in Netherlands | Daily Express Online - Sabah's Leading News PortalMalaysia on Friday said it will take legal action in the Netherlands to resist and set aside any attempt by the heirs of a former Sulu sultan who are looking to enforce a US$15 billion (around RM62.59 billion) arbitration award against SabahInfo.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »