Categories: Global

Late Sultan’s heirs ask Dutch court to enforce $15bn award against Malaysia

KUALA LUMPUR (Reuters): Heirs of a late Southeast Asian sultan filed a request in a Dutch court on Thursday to recognize and enforce a $15 billion arbitration award granted to them against Malaysia’s government, their lawyer said.

The petition was filed in The Hague Court of Appeal, said lawyer Paul Cohen, a lead co-counsel for the sultan’s heirs from British law firm 4-5 Gray’s Inn Square.

“This filing in the Netherlands will soon be followed by other enforcement actions, of varying types, in multiple jurisdictions. This may include immediate, direct attachment of specific Malaysian assets in The Netherlands and elsewhere,” Cohen said.

Malaysia’s government did not immediately respond to a request for comment on the petition.

Reuters was unable to immediately verify the filings with Dutch court authorities.

A French arbitration court in February ordered Malaysia to pay the $15 billion sum to the descendents of the last Sultan of Sulu to settle a dispute over a colonial-era land deal.

Malaysia has obtained a stay on the ruling pending an appeal, but the award remains enforceable outside France under a United Nations treaty on international arbitration.

Malaysia has said it did not recognize the heirs’ claim and would take all steps to uphold the country’s sovereignty.

The Frontier Post

Recent Posts

Trump accuses Xi, Kim and Putin of conspiring against US

WASHINGTON (AFP): President Donald Trump accused the leaders of China, North Korea and Russia late…

2 hours ago

Xi, Putin, and Kim gather at Beijing landmark for a grand military parade

BEIJING (AFP): Chinese leader Xi Jinping and invited guests including Russian President Vladimir Putin and…

2 hours ago

Trump says 11 killed in US strike on drug-carrying vessel from Venezuela

WASHINGTON : President Donald Trump says the US has carried out a strike against a…

2 hours ago

UK doesn’t know how much massive Afghan data leak will cost, watchdog says

LONDON (Reuters) : Britain's defence ministry does not know how exactly much it will cost…

2 hours ago

Algeria president replaces prime minister

ALGIERS (AFP) : Algerian President Abdelmadjid Tebboune on Thursday removed his prime minister, Nadir Larbaoui,…

2 hours ago

US House committee releases more than 33,000 pages of Jeffrey Epstein files

WASHINGTON : The US House of Representatives oversight committee on Tuesday released thousands of pages…

2 hours ago

This website uses cookies.