Full list: Ex-governors involved in deal leading to seizure of Nigeria's presidential jets seizure

• Former Governor Ibikunle Amosun of Ogun state has urged the federal government not to enter into negotiations with a Chinese Firm laying claims to Nigeria's assets
• Amosun's predecessor, Gbenga Daniel, has also vowed to support the federal government in reclaiming the assets being seized in France
• Daniel entered a deal with the Chinese company during was terminated during Amosun's time, a development which led to the seizure of three of Nigeria's presidential jets by a French court

Two former governors of Ogun State, Ibikunle Amosun and Gbenga Daniel, have pledged to support the Federal Government's efforts to recover national assets seized by a French court.

The assets, including three presidential jets, were seized due to a judgment awarded to a Chinese firm, Zhongshan Fucheng Industrial Investment Company Limited.

Former Ogun governors speak on deal with Chinese firm Photo Credit: @SIAmosun, @JustusOGD, @officialABAt
Source: Twitter

How Ogun entered deals with Chinese firm

It was reported that the firm had entered into a joint venture agreement with the Ogun State Government in 2007 to create the Ogun Guangdong Free Trade Zone Company.

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However, the agreement broke down in 2016, leading to Zhongshan filing lawsuits in Nigerian courts, which failed.

The company then took the case to a French court, which awarded damages and prohibited Nigeria from moving or selling the presidential jets until the company was paid $74.5m.

Amosun described Zhongshan as a scammer and stated that the company's claims for compensation were unfounded.

Why Nigeria should ignore Chinese firm

He insisted that Nigeria should not negotiate with Zhongshan, as it would encourage an unlawful entity to appropriate national assets.

Amosun explained that the state government had appointed Zhongfu as an interim zone manager in 2012 but later discovered that the company's claims were lies.

He stated that the matter was a trade dispute between two Chinese entities and had no connection to Ogun State or the Federal Government.

Chinese firm vs Ogun: Daniel speaks

Daniel also pledged to support the Federal Government, offering to provide documents to help pursue the case against Zhongshan.

He described the issue as a sensitive matter involving national assets and the commonwealth, which every Nigerian should be concerned about.

Both former governors are committed to helping the Federal Government recover the seized assets and resolve the national embarrassment.

Source: Legit.ng