1 month ago
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Legit.ng journalist Adekunle Dada has over 5 years of experience covering metro and government policy
State House, Abuja - The Presidency said the arm-twisting tactic by Chinese company, Zhongshan Fucheng Industrial Investment Co. Limited, is the latest in a long list of failed moves to attach Nigerian government-owned assets in foreign jurisdictions.
The federal government stated this while reacting to the French Court, ordering the seizure of three Nigerian Presidential jets.
Source: Facebook
Zhongshan allegedly withheld vital information and misled the Judicial Court in Paris into attaching the Nigerian government's presidential jets.
“The use and nature of the Presidential jets as assets of a Sovereign entity whose assets are protected by diplomatic immunity forbid any foreign Court from issuing an order against them.”PAY ATTENTION: Share your outstanding story with our editors! Please reach us through info@corp.legit.ng!
The Tinubu’s administration lambasted the Chinese Company, stating that:
“The material facts in the transaction between the Ogun State Government and Zhongshan point to another P&ID case in which unscrupulous and questionable individuals falsely present themselves as investors with the sole objective of undercutting and scamming Governments in Africa.”Source: Legit.ng
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