The decision, which is final and binding, is a decisive victory for Malaysia, the law minister said. Read more at straitstimes.com.
KUALA LUMPUR - A Paris court has upheld the Malaysian government’s challenge against enforcing a partial award to the heirs of a former sultanMalaysia said late on Tuesday.
“This decision, which is final and binding, is a decisive victory for Malaysia in its ongoing pursuit of legal remedies, which Malaysia is confident will result in comprehensive defeat for the claimants and their funders,” said Law Minister Azalina Othman Said.The Filipino heirs of the last Sultan of Sulu won a US$14.9 billion award in a French arbitration court last year in a long-running dispute over the deal, after a partial award was first issued in May 2020.
Malaysia, which did not participate in the arbitration, maintains the process is illegal and has vowed to use all legal measures to prevent seizure.but the ruling remains enforceable overseas under a United Nations treaty on arbitration. Independent Malaysia paid a token sum annually to the sultan’s heirs to honour the agreement but stopped in 2013, after supporters of the former sultanate launched a bloody incursion to reclaim land from Malaysia.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysia wins appeal against partial award in US$15 billion claim by sultan's heirsKUALA LUMPUR: A Paris court has upheld the Malaysian government's challenge against enforcing a partial award to the heirs of a former sultan who won US$15 billion in an arbitration over a
Read more »
CNA cameraman killed in motorcycle accident in MalaysiaMr Khairul was in CNA’s Kuala Lumpur bureau and had been with the company for five years. Read more at straitstimes.com.
Read more »
It's complicated: Malaysia's on-off relationship with the KL-Singapore High Speed RailAfter so much money had been spent, Malaysia's Kuala Lumpur-Singapore High Speed Rail (HSR) got scrapped. Now, there are talks of making it happen again.
Read more »
Be an eco-tourist with these 7 luxury hotels in Malaysia that offer a green experienceHere are the best seven hotels in Malaysia where you can positively impact the people and places when you travel!
Read more »
Malaysia king concerned 'Allah' usage dispute may become polemic if issue not resolvedKUALA LUMPUR: Malaysian King Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah on Monday (June 5) expressed concern regarding the usage of the word 'Allah', fearing that the issue may become polemic and adversely affect unity and harmony in the country if it fails to be resolved immediately. He said t
Read more »
Malaysia’s communications regulator mulls action against messaging app TelegramKUALA LUMPUR: The Malaysian Communications and Multimedia Commission (MCMC) is considering taking action against messaging app Telegram due to cybercrime cases associated with the platform. The regulator’s chief compliance officer Zulkarnain Mohd Yasin was quoted as saying by the New Straits Times
Read more »