Amanah's Pulai MP Salahuddin Ayub has filed an emergency motion for Dewan Rakyat to debate the seizure of Petronas' assets by purported descendants of the Sulu sultanate.
Taking to social media yesterday, he described the matter as one of urgent public importance that should be debated when Parliament resumes its sitting in August, which will begin on Monday.
"I have sent an emergency motion to Dewan Rakyat speaker relating to two subsidiaries of Petronas in Luxembourg being seized by the Sulu sultanate.
"This issue must be answered by Prime Minister Ismail Sabri Yaakob and should be debated in the upcoming Parliament sitting.
"The rakyat deserve an explanation on the relevant issue since they are the country's assets.
"The matter should be expedited with the prime minister providing an explanation on what legal measures had been taken and being taken by the attorney-general and Petronas," he said.
The emergency motion dated July 12 was filed under Clause 18(1) of the parliamentary Standing Order.
Luxembourg seizes assets worth US$2b
Yesterday, London-based Financial Times reported that the purported heirs of the Sulu sultanate - who are claiming US$14.92 billion (RM62.59 billion) from Malaysia - seized two Luxembourg-incorporated subsidiaries of Petronas.
Lawyers of the claimants seized Petronas Azerbaijan (Shah Deniz) and Petronas South Caucasus, reportedly worth US$2 billion.
The lawyers said bailiffs in Luxembourg seized the holding companies on behalf of their clients yesterday.
The purported descendants of the last Sulu sultan, Sultan Jamalul Kiram II, are claiming the astronomical sum from Malaysia following an arbitration process.
The arbitration process was initiated in response to Malaysia cutting off the annual lease payments of RM5,300 to the Sulu sultanate in 2013 in the wake of a bloody incursion in Lahad Datu in eastern Sabah by a militant group from the Philippines claiming to represent the Sulu sultanate.
It resulted in 57 militants killed, together with six civilians and 10 members of the Malaysian security forces.
Malaysia did not participate in the arbitration process in France, arguing that the dispute between Malaysia and the claimants was not a commercial contract and thus not subject to arbitration. - Mkini
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