Zhongshan
16 Aug
Chinese firm, Zhongshan Fucheng Industrial Investment Co. Limited has reportedly released Nigeria’s presidential jet it detained in France. Zhongshan received an order from a court in Paris, France, to ground three aircraft owned by the Federal Government in Europe. The Chinese firm on Friday, however, released one of the aircrafts, PREMIUM TIMES reports as per…
16 Aug
Chinese company Zhongshan Fucheng Industrial Investment Co. Limited is reportedly planning to seize assets belonging to Nigeria in eight countries. Zhongshan received an order from a court in Paris, France, to ground three presidential aircraft owned by the Federal Government in Europe and is planning to seize a few others. To achieve its aim, Zhongshan…
15 Aug
The Presidency on Thursday said it has uncovered secret attempts by a Chinese firm to secretly take over Nigeria's offshore assets using unorthodox means. President Bola Tinubu's spokesman, Bayo Onanuga, who raised the alarm, distanced the Presidency from the company, stating that the Federal Government is not under any contractual obligation with the firm. “The…
15 Aug
The Ogun State Government on Thursday faulted the judicial process that led to the provisional attachment of three Nigerian government-owned aircraft in France by the Judicial Court of Paris on March 7th and August 2nd, 2024. It would be recalled that a Chinese company, Zhongshan Fucheng Industrial Investment Co. Ltd, had sought several orders from…