ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Malaysia PM vows to defend assets after $2bn seizure by Sulu heirs

Ismail Sabri faces challenge over $15bn award on claims linked to last sultan

Malaysian Prime Minister Ismail Sabri Yaakob, pictured in May, said his government "will not compromise even an inch in protecting the country's security and sovereignty."   © Reuters

KUALA LUMPUR -- Malaysia will do whatever it takes to protect its offshore assets, Prime Minister Ismail Sabri Yaakob vowed on Tuesday, following a stunning asset seizure by descendants of the last sultan of a chain of islands controlled by the Philippines.

The assets had been held by two Luxembourg-registered units of Malaysian state energy giant Petronas.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more