KUALA LUMPUR: Malaysia is in the process of obtaining an annulment of the purported final award of US$14.9bil (RM62.59bil) issued by a Spanish arbitrator, Dr Gonzalo Stampa, in the case brought by the purported heirs of the Sulu sultanate, says Datuk Seri Azalina Othman Said.
The Minister in the Prime Minister’s Department said with this annulment, the government’s long standing battle against the Sulu claims will come to an end as the basis of the claims would cease to exist.Sulu case: Ethical conduct, integrity and professionalism key elements of arbitration, says Azalina
"Despite this predicament, Malaysia stressed that what we are experiencing in the Sulu fraud is not unique to Malaysia alone. "We did not have the opportunity to address this case when it began. If the unity government of today had that opportunity, we would have done things very differently. Explaining why the Government of Malaysia was initiating these ongoing dialogues with experts in the arbitration industry from all over the world, Azalina said it is to shed light on the precise arbitration practices, according to the rules of law, and to share Malaysia’s insight with the international arbitration community on the factual narrative of the claims by the purported heirs of the Sultan of Sulu against Malaysia.
"Our experience of the Sulu fraud has shown us that the sanctity of the arbitration process must always be upheld and we therefore firmly oppose any abuse of the arbitration process including forum shopping," she said.Also present were the High Commissioner of Malaysia to the United Kingdom Datuk Zakri Jaafar, Solicitor General Datuk Almalena Sharmila Johan and AIAC’s director Datuk Sundra Rajoo.
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