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Ownership Limbo Spurs Stay Bid In $380M PetroSaudi Fight

By Joyce Hanson ( April 2, 2026, 5:41 PM EDT) -- A PetroSaudi unit has urged a California federal court to continue its stay in litigation by the U.S. government over a $380 million arbitral award purportedly tied to funds embezzled from Malaysia, saying company control remains in limbo in the Cayman Islands and Barbados....

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