Court Sets Aside Action on Claim Over Malaysia’s Sabah Territory
(Bloomberg) -- A district court in Luxembourg set aside a legal action requested by the descendants of the sultanate of Sulu to enforce Malaysia to pay 62.69 billion ringgit ($14.92 billion), a government minister said in a statement Thursday.
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The decision came after the French Arbitration Court in Paris last year ordered the Malaysia government to pay that amount to the group over its territorial claims to the Borneo state of Sabah.
The Sulu Sultanate leased Sabah, Malaysia’s biggest palm oil production state, to a British company in 1878 and the state was later absorbed into Malaysia.
“Malaysia has consistently refused to recognize the legitimacy of the purported arbitration orchestrated by the claimants,” said Law and Institutional Reform Minister Azalina Othman Said in the statement.
--With assistance from Rieka Rahadiana.
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