A French court has annulled a $14.9 billion award against Malaysia, a major victory for the country’s sovereignty over Sabah.
KUALA LUMPUR: The Paris Court of Appeal has fully annulled a USD14.9 billion “Final Award” against Malaysia in a long-running claim by individuals purporting to be heirs of the defunct Sulu Sultanate.
Minister in the Prime Minister’s Department Datuk Seri Azalina Othman Said described the decision as a major victory for Malaysia’s dignity, sovereignty and rights.
“This proves the MADANI Government’s commitment to defending the country based on principles and the rule of law,” she said in a statement.
The court ordered the claimants to pay costs of €200,000 to Malaysia.
It found that the arbitrator, Gonzalo Stampa, had no jurisdiction to issue the award as there was no valid arbitration agreement binding Malaysia.
Stampa’s appointment had been revoked by a Spanish court before he issued the award in February 2022.
The Paris court had previously rejected recognition of an earlier “Partial Award” in June 2023, a decision upheld by France’s highest court in November 2024.
The case was initiated by eight Philippine nationals seeking compensation from Malaysia over Sabah.
