FRENCH BAILIFFS attempted to enforce a seizure order on three Paris properties owned by the Malaysian government in a case linked to a $15 billion court award to descendants of a former sultan, according to the heirs' lawyers and court documents.
Showing posts with label Petroliam Nasional Bhd (Petronas). Show all posts
Showing posts with label Petroliam Nasional Bhd (Petronas). Show all posts
Friday, March 10, 2023
Friday, July 15, 2022
Luxembourg units seized by Sultan of Sulu heirs
KUALA LUMPUR - Two Luxembourg-registered subsidiaries of Petroliam Nasional Bhd (Petronas) have been seized by “heirs” of the late Sultan of Sulu over a US$15 billion (approximately RM66.55 billion) legal dispute with the Malaysian government arising from an agreement signed 144 years ago, the Financial Times (FT) reported.
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