Poser over claims of Petronas subsidiary companies seized by Sulu claimants

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KOTA KINABALU: There is a question mark hanging over the validity of claims by lawyers of the Sulu heirs when it comes to the seized assets of two Petronas companies in Luxembourg.

According to sources, Petronas sold off its shares in Petronas Azerbaijan and Petronas South Caucasus in January of this year.Saifuddin: Notices will be given to 168 countries over possible unilateral claim by Sulu Sultanate heirs

It is also not clear if there was any order from the Luxembourg court to allow for the seizure of properties based on the Paris arbitration court's decision.The eight Sulu heirs based in the Philippines are represented by London-based Elisabeth Mason, who is the lead counsel for the eight claimants. Malaysia has since filed an appeal to over Stampo's award for the Sulu heirs in Paris where Malaysia was not represented during the Paris arbitration proceedings in March this year.

 

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