PETALING JAYA: The Hague Court of Appeal’s decision to dismiss claims brought by so-called heirs of the long-defunct Sultanate of Sulu for a purported arbitral award of US$14.9bil (RM62.59bil) to be enforced in the Netherlands confirms Malaysia’s position that the sham arbitration should never have taken place.
“The landmark judgment will likely render futile any further illegitimate attempts by the claimants and their funders to enforce it in other jurisdictions,” said Prime Minister’s Department (Law and Institutional Reforms) Datuk Seri Azalina Othman Said (pic).
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