Report: Malaysia gets stay order on arbitration award to Sulu heirs


PETALING JAYA: Malaysia has reportedly obtained a stay order on the controversial U$14.92bil (about RM63bil) award to the self-proclaimed heirs of the Sulu Sultanate by a Paris Arbitration Court in March.

According to an article in globalarbitrationreview.com, a French Court had granted Malaysia a stay order on Tuesday (July 12) after finding its enforcement could infringe upon the country’s sovereignty.

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