The national oil and gas company said that the actions taken against it as baseless and is working vigorously to defend its legal position on this matter
Mara, an agency under the Federal Rural Development Ministry, is closely watching the situation following the seizure of two Petronas subsidiaries' assets reportedly worth more than US$2 billion by heirs of the last Sulu sultan
The Attorney-General’s Chambers (AGC) said Tuesday it would “look into” the reported seizure of two Petronas subsidiaries by the descendants of the Sulu sultanate
Prime Minister Datuk Seri Ismail Sabri Yaakob on Wednesday declined to comment on the seizure of Petroliam Nasional Bhd's (Petronas) Luxembourg-registered subsidiaries by descendants of the Sulu Sultanate following a US$15 billion (approximately RM66.55 billion) legal dispute with the Malaysian government that arose from an agreement signed 144 years ago.