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Malaysia to fight move by late Sultan's heirs to seize Dutch assets

KUALA LUMPUR (Reuters) - Malaysia on Friday said it will challenge a move by the heirs of a former Southeast Asian sultan to seize its Dutch assets as part of the descendents efforts to enforce a $15 billion arbitration award against the Malaysian state. The heirs of the former Sulu sultan on Thursday asked a Dutch court for permission to seize Malaysian assets in the Netherlands, where some of Malaysia s biggest companies have operations - including state oil firm Petronas. The heirs are targeting Malaysian assets overseas following the government s refusal to recognise the $15 billion arbitration award by a French court in February, which found it had reneged on a 1878 land leasing agreement between a British company and the last sultan of Sulu. Malaysia has said it does not recognise the heirs claim and that the arbitration, in which it did not participate, was illegal. Malaysia obtained a stay on the ruling pending an appeal, but the award remains enforceable outside France under ....

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Wan Junaidi: Govt Will Oppose Sulu Heir's Bid To Target Malaysia's Assets In Netherlands

The group had yesterday asked permission from the Netherlands court to seize Malaysian assets in the country. ....

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Report: Philippine senator asks state department to stake claim to Sabah following arbitration award to Sulu heirs

KUALA LUMPUR, Sept 29 A Philippine senator has told his country’s Department of Foreign Affairs (DFA) to “seize the opportunity” to stake the Philippines’ claim to. ....

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Zahid fears 'cover up' in report on Thomas' memoir | Daily Express Online

Umno president Ahmad Zahid Hamidi fears that the Cabinet may try to “cover up” the final report of the special task force which investigated allegations made in former attorney-general Tommy Thomas’ memoir as some Cabinet members were part of the previous Pakatan Harapan (PH) administration ....

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Philippine senator urges his govt to claim Sabah following arbitration award to Sulu heirs | Daily Express Online

A Philippine senator has told his country’s Department of Foreign Affairs (DFA) to “seize the opportunity” to stake the Philippines’ claim to Sabah following the US$14.9 billion (RM69.2 billion) arbitration award granted to the heirs of the Sulu Sultanate against the Malaysian government ....

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