FMT:
Dutch court rules Sultan heirs cannot seize Malaysian assets
The self-proclaimed heirs of the Sulu Sultan were seeking a US$15 billion award.
Malaysia stopped paying the Sultan of Sulu’s heirs their annual compensation after the Lahad Datu incursion in 2013. (Reuters pic)
THE HAGUE: A Dutch court of appeal dismissed a bid by eight descendants of a former sultanate to enforce a US$15 billion arbitration award they had won against the government of Malaysia, a judgment released on the court website Tuesday showed.
“The court dismisses the requests of the Filipino nationals” to demand the execution of the arbitration award, the judgment said.
Last year, the Filipino heirs to the last Sultan of Sulu were awarded US$14.9 billion by a Paris arbitration court in a long-running dispute with Malaysia over a colonial-era land deal.
They have since sought to seize Malaysian government assets in France, Luxembourg and the Netherlands, in a bid to enforce the award.
THE HAGUE: A Dutch court of appeal dismissed a bid by eight descendants of a former sultanate to enforce a US$15 billion arbitration award they had won against the government of Malaysia, a judgment released on the court website Tuesday showed.
“The court dismisses the requests of the Filipino nationals” to demand the execution of the arbitration award, the judgment said.
Last year, the Filipino heirs to the last Sultan of Sulu were awarded US$14.9 billion by a Paris arbitration court in a long-running dispute with Malaysia over a colonial-era land deal.
They have since sought to seize Malaysian government assets in France, Luxembourg and the Netherlands, in a bid to enforce the award.
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kt comments:
Credit must go to Minister Azalina for taking charge and indeed control of the legal issue, to e;f;f; off foreign usurpers from attempting to curi from Malaysians.
And then-PM Najib was equally right in stopping compensation payment to so-called Sultan of Sulu's heirs considering their criminal attempt at invading Malaysia in 2013 at Lahad Datu and killing-mutilating our policemen.
The cost of the battalion of lawyers in Europe hired to argue Malaysia's case has been many orders of magnitude greater than the trivial quantum of payment that Najib stupidly stopped.
ReplyDeleteBossku Bodoh
Let alone the severe consequences Malaysia had lost the case - by no means an implausible outcome.
Even now, there could be fresh challenges in other European jurisdictions, through lawyers willingly working on "contingency" basis - the Suluks don't need to pay anything unless they win.