Malaysia presents its case at Hague Court of Appeal, insists Final Award to seize US$14.9b by Sulu ‘heirs’ inadmissible

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Malaysia presents its case at Hague Court of Appeal, insists Final Award to seize US$14.9b by Sulu ‘heirs’ inadmissible
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KUALA 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...

KUALA 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 their attempts to seize state-owned assets in the Netherlands, a special secretariat said today.

Previously, on March 14, the claimant’s appeal bid to challenge the stay order was rejected by the Paris Court of Appeal and the stay order on the enforcement of Final Award remains in place. “Malaysia is committed to safeguarding its sovereignty and to uphold the sanctity of international commercial arbitration process and lay bare the claimants’ frivolous attempts to enforce a sham award that is null and void.

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