Categories: News

Chinese Firm Seizes Another Nigeria’s Jet

Another Nigeria jet has been seized in Canada by Zhongshang Fucheng Industrial Investment Ltd, a Chinese firm involved in the controversial seizure of three Nigerian aircraft in France and other assets in some other countries.

OSUN DEFENDER reports that the company after a French court order, seized three presidential aircraft over a dispute with the Ogun State Government.

The company later said that it had decided to release one of the three aircraft as a gesture of goodwill, especially on a scheduled meeting between President Bola Tinubu and his French counterpart, Emmanuel Macron.

DailyTrust reported that the Chinese firm had recently received a change of custodian paperwork for the Bombardier 6000 type BD-700-1A10 aircraft from Canadian authorities in Montreal months after a Quebec court issued a judgement that empowered Zhongshang to seize the jet from Nigeria.

In pursuit of enforcement of its arbitration awards of over $70m against Nigeria, Zhongshang has confiscated several Nigerian assets overseas, including two properties in Liverpool, a Dassault Falcon 7X in Paris, a Boeing 737, an Airbus A330 valued at over $100m with the Bombardier 6000 in Canada being the latest.

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