Sulu heirs ‘seize’ RM8.8bil


KOTA KINABALU: The self-proclaimed heirs of the Sulu sultanate claim to have seized the assets of two PETRONAS companies in Luxembourg but questions have been raised over the so-called “seizure”.

A check by The Star found that PETRONAS Azerbaijan’s 15.5% stake in Azerbaijan’s largest gas field Shah Deniz in the Caspian Sea was sold to an Azerbaijani oil company, SOCAR (which bought 4.35%), British BP (1.16%) and Russian Lukoil (9.99%).

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Two men nabbed for 'ah long' activities in Sibu
Border Control deny entry to 28 foreigners at Bukit Kayu Hitam
Student renting room slashes woman in Sepang
Woman dies after crashing car into tree in Sibu
Go beyond just passing driving test
Heatwave calls for tour itinerary adjustments
Haematologist shortage amid rising cases
Govt exploring fuel supply options
Mediation effective in managing unity issues
Let the football fever begin

Others Also Read