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Reuters
Reuters
World
By Rozanna Latiff and A. Ananthalakshmi

FORGOTTEN HISTORY: How malaysia ended up owing 15 billion to a sultan s heirs - The Untold Story

FILE PHOTO: Jamalul Kiram III, a former Sultan of the Sulu region of the southern Philippines, answers questions as he sits surrounded by his followers, during a brief news conference in front of the Blue Mosque in Taguig city, south of Manila February 22, 2013. REUTERS/Romeo Ranoco

Malaysia is scrambling to protect its assets as the descendants of the last sultan of the remote Philippine region of Sulu look to enforce a $15 billion arbitration award in a dispute over a colonial-era land deal.

In 1878, two European colonists signed a deal with the sultan for the use of his territory in present-day Malaysia – an agreement that independent Malaysia honoured until 2013, paying the monarch's descendants about $1,000 a year.

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