KUALA LUMPUR, March 7 — French bailiffs attempted to enforce a seizure order on three Paris properties owned by the Malaysian government in a case linked to a US$15 billion court...
KUALA LUMPUR, March 7 — French bailiffs attempted to enforce a seizure order on three Paris properties owned by the Malaysian government in a case linked to a US$15 billion court award to descendants of a former sultan, according to the heirs' lawyers and court documents seen by Reuters.
Malaysia, which did not participate in the arbitration, maintains the process was illegal and has obtained a stay on the ruling in France. Despite the stay, a French judge in December last year granted the heirs' request to seize three Malaysian government properties in Paris to settle a debt of 2.3 million euros that they said was owed to them, according to court documents shared by the heirs' lawyers.Malaysia had been ordered to pay the heirs the sum under a preliminary arbitration award granted to them in Spain, which was not bound by the stay in France, the lawyers said.
A Malaysian law ministry spokesperson said the bailiffs appeared at the Malaysian embassy in Paris but were turned away. They declined to comment further. Malaysia's foreign ministry and its embassy in Paris declined to comment. "To the extent that Malaysians blocked entry to the bailiffs, they are in open defiance of a French court order," Cohen said.
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