Explaining the Sulu claim
Below is a statement from former attorney general Tan Sri Tommy Thomas dated July 27.
Source: theedgemarkets.com
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Special Report: Malaysia on right track to contest US$15 bil award to Sultan of Sulu's heirs, says former AIAC arbitrator
MALAYSIA has a strong case to contest the whopping US$14.92 billion final award handed down by arbitrator Dr Gonzalo Stampa to the heirs of Sulu Sultan Mohamet Jamal Al Alam, but it will be a difficult and costly process, according to a former senior arbitrator. Asian International Arbitration Centre (AIAC) director Datuk Professor N Sundra Rajoo says the main grounds of contention include the manner in which Stampa had shifted the arbitration process as well as the exorbitant sum awarded.
Source: theedgemarkets.com