KUALA LUMPUR, March 16 — A court order from the Paris Court of Appeal to stay or temporarily block a group of purported Sulu “heirs” from claiming US$14.9 billion (RM67...
KUALA LUMPUR, March 16 — A court order from the Paris Court of Appeal to stay or temporarily block a group of purported Sulu “heirs” from claiming US$14.9 billion from Malaysia still remains intact, as the Sulu claimants had failed in their challenge against this court order, a special secretariat said today.
But Malaysia has argued that the entire arbitration including the US$14.9 billion by Stampa is invalid and illegal, and has been going to the courts in various countries to challenge the arbitration and to prevent it from being enforced. The Sulu claimants on July 27, 2022 then filed a challenge against the stay order, and the Paris Court of Appeal had a hearing on this challenge on January 16 this year.
“Hence, the stay obtained by Malaysia on 12th July 2022 for the enforcement of the purported Final Award remains,” the secretariat said. The secretariat said Malaysia will also continue to defend itself robustly in all legal forums against “all forms of lawfare instituted by her adversaries”. On March 2, Malaysia's Foreign Affairs Ministry and Attorney-General's Chambers stressed that the eight Sulu claimants' identities are doubtful and have yet to be verified.
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