ZAMBOANGA CITY: A Dutch court of appeal dismissed a bid by eight descendants of a former sultanate to enforce a $15-billion (RM69 billion) arbitration award they had won against the government of Malaysia, media reports said, citing a judgement released on the court website on Tuesday, June 27.
This was also reported by the Bangladesh media bdnews24.com and Reuters. 'The court dismisses the requests of the Filipino nationals' to demand to execute the arbitration award, the judgement said.Last year, the Filipino heirs to the last sultan of the remote Philippine region of Sulu were awarded $14.9 billion by a Paris arbitration court in a long-running dispute with Malaysia over a colonial-era land deal.
Malaysia is seeking to have the annulment recorded in a court decision as soon as possible, which should lead to the collapse of the claimants' global enforcement efforts to date,' she said.She added that Stampa had issued the Final Award despite his appointment having been annulled by the same Spanish court that had previously appointed him on the basis that Malaysia had not been properly served ahead of that appointment process.
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