Sulu heirs ‘seize’ RM8.8bil


KOTA KINABALU: The self-proclaimed heirs of the Sulu sultanate claim to have seized the assets of two PETRONAS companies in Luxembourg but questions have been raised over the so-called “seizure”.

A check by The Star found that PETRONAS Azerbaijan’s 15.5% stake in Azerbaijan’s largest gas field Shah Deniz in the Caspian Sea was sold to an Azerbaijani oil company, SOCAR (which bought 4.35%), British BP (1.16%) and Russian Lukoil (9.99%).

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