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Luxembourg subsidiaries of Malaysia's Petronas seized in $15 billion legal dispute

Автор: CNBC International Live

Загружено: 2022-07-12

Просмотров: 231511

Описание: A $15 billion legal dispute between two Luxembourg subsidiaries of Malaysian state oil company Petronas and the descendants of a late sultan is now playing out in the courts.

The latest twist is linked to an agreement signed 144 years ago when Malaysia was dominated by British trading companies and Philippine Sultanates were fighting the Spanish. CNBC's JP Ong explains.

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Luxembourg subsidiaries of Malaysia's Petronas seized in $15 billion legal dispute

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