Governments that fail to pay up after losing an Investor-State Dispute Settlement (ISDS) lawsuit are likely to see their foreign assets seized by investors, Klang MP Charles Santiago said.

Charles said the Trans-Pacific Partnership Agreement, which also has provisions for an ISDS, allows for such seizures to take place.

As an example, he said, a German company that won an ISDS case against Thailand had once learned that Thai Crown Prince Maha Vajiralongkorn had landed in Germany in a private jet...