A Paris court has upheld the Malaysian government's challenge against enforcing a partial award to the heirs of a former sultan who won $15 billion in an arbitration over a colonial-era land deal
A Malaysian flag flies outside Prime Minister's office, in Putrajaya, Malaysia September 24, 2020. REUTERS/Lim Huey Teng
The win for Malaysia implies the final award will be annulled and the descendants' efforts to seize Malaysian assets will end, the government said. The Paris Court of Appeal found the case arbitrator had wrongly upheld his jurisdiction, Malaysia said on Tuesday. The dispute stems from an 1878 deal signed between European colonists and the Sultan of Sulu for use of his territory, which spanned islands in the southern Philippines and parts of present-day Malaysia on Borneo island.
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