The District Court of Luxembourg agreed to set aside an order to seize two companies owned by Petronas because the claimants voluntarily omitted to reveal their real addresses.

In a statement today, Law and Institutional Reform Minister Azalina Said Othman said the court considered this commission to be significant and detrimental to Malaysia.

"The court found that the conduct of the claimants impeded the service of documents and the enforcement of the potential judgment to be rendered against them.

"This conduct is typical of the deceitful and fraudulent manner in which the claimants have consistently conducted themselves in their claim against Malaysia," Azalina (above) added.

The District Court of Luxembourg had arrived at the decision on Jan 24, quashing an earlier order which allowed the claimants to seize two of Petronas' companies incorporated in Luxembourg.

The claimants claim to be descendants of Sultan Jamalul Kiram II, the last Sulu sultan.

They started the arbitration process due to Malaysia stopping the yearly RM5,300 lease payments to the Sulu sultanate in 2013 after a violent invasion in eastern Sabah's Lahad Datu by a Philippine militant group claiming to act for the Sulu sultanate.

On March 1, 2022, Spanish arbitrator Gonzalo Stampa issued an award of US$14.92 billion (approximately RM63 billion) to the claimants.

Armed with the award, the claimants then attempted to seize Petronas Azerbaijan (Shah Deniz) and Petronas South Caucasus through the Luxembourg legal system.

The two companies are purportedly worth US$2 billion.

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