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Photo shows the Kuching Court Complex. — Photo by Chimon Upon
KUCHING (Feb 25): The High Court here has ruled that Petroliam Nasional Berhad’s (Petronas) demand for the bank guarantee of RM7.95 million from Petroleum Sarawak Berhad (Petros) was valid.
Judge Datuk Farids Gohim Abdullah held that Petros had failed to prove that the call on the bank guarantee was either unconscionable or unlawful.
On constitutional issues, he explained that these matters fell outside the scope of Petros’ originating summons.
Farids Gohim said questions concerning the constitutionality of the two laws — the Petroleum Development Act 1974 (a federal law) and the Distribution of Gas Ordinance 2016 (a Sarawak law) — should be determined by the Federal Court.
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