KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has stressed that its rights over the land at the Petronas Complex in Khartoum, Sudan were obtained in accordance with the rightful applicable laws.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) today stressed that its rights over the land at the Petronas Complex in Khartoum, Sudan were obtained in accordance with the rightful applicable laws.
Petroliam Nasional Bhd (Petronas) is reported to have strongly objected to the Sudan transitional government's move to confiscate the Malaysian national oil company’s assets in the African nation on allegations the assets were acquired through illegal means during the rule of ousted leader President Omar al-Bashir, Daily Sabah reported, quoting sources. Daily Sabah reported on Tuesday (Oct 5) that the land where the Petronas Sudan Complex currently stands was acquired and registered under Nada Properties Co Ltd (NPCL), a subsidiary of Petronas in Sudan.