Malaysia has previously vowed to take all legal measures to protect its assets worldwide.
Elisabeth Mason, a lawyer for the heirs, said Malaysia was being misleading in suggesting that actions taken by bailiffs on Monday were beyond the seizure-order authorized by the court.
“The court order gave the bailiffs the instruction to enter non-diplomatic property with an eye to their valuation and sale to meet Malaysia’s debt,” Mason said. Mason said the French seizure order was based upon a preliminary award issued in Spain, which was not bound by the stay in France. The dispute stems from an 1878 agreement that was signed between two European colonists and the Sultan of Sulu for use of his territory in present-day Malaysia.
Independent Malaysia stopped payments in 2013 after a bloody incursion by supporters of the former sultanate who wanted to reclaim land from Malaysia. The heirs of the sultan, who once controlled a territory spanning rainforest-covered islands in the southern Philippines and parts of Borneo island, say they were not involved in the incursion and sought arbitration over the suspension of payments.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysia to summon Sulu sultan’s heirs in dispute over Paris propertiesMalaysia said it will summon to court the descendants of a former sultan in a dispute involving three of the government’s properties in Paris, following the heirs’ efforts to enforce a $15 billion arbitration award. | Reuters
Read more »
After $15-B award, Sulu sultan's heirs target Malaysian properties in ParisThe Filipino heirs of the last Sultan of Sulu are seeking to enforce a $14.9-billion award granted to them by a French arbitration court last year to settle a dispute with the Malaysian government over a colonial-era land deal.
Read more »
US, Malaysia help PH search for missing chopper in PalawanThe United States and Malaysia are now helping the Philippines search for the medical evacuation helicopter that went missing while on its way to a hospital in Palawan, the Civil Aviation Authority of the Philippines (CAAP) said Monday.
Read more »
Singapore, Malaysia, PHL lead sustainable business reporting | VG CabuagLEADING Southeast Asian nations, including the Philippines, are emerging as a global leader for sustainable business reporting, with many companies in the region increasingly likely to publicly disclose their impacts. A recent analysis by accounting firm KPMG revealed that Singapore and Malaysia are among the countries with the highest sustainability…
Read more »
LOOK: Heart Evangelista lugs a tree in Paris on errand dayGotta hand it to Heart Evangelista.
Read more »
Hidilyn Diaz gears up for 2024 Paris OlympicsHidilyn Diaz, once dreaming of an award from the Philippine Sportswriters Association (PSA), had her supporters and naysayers to thank for after receiving her fourth Athlete of the Year plum Monday night, March 6.
Read more »