aircraft seizure

Chinese Firm Releases Seized Nigerian Presidential Jet

Aug 16, 2024. by Praise Ben

Chinese Seized Nigerian Presidential Jet

Zhongshan Fucheng Industrial Investment Co. Limited, a Chinese firm, has released one of the seized Nigerian presidential jets. The aircraft was initially confiscated due to a court order in favor of Zhongshan, which secured the right to hold three Nigerian presidential jets until the country paid the $74.5 million awarded against it. On Friday, the … Read more

Jet Seizure: We Are Ready To Settle With Nigerian Govt – Chinese Firm, Zhongshan

Aug 16, 2024. by Praise Ben

Zhongshan, the Chinese company embroiled in a legal battle with the Ogun State government, has expressed a willingness to settle with the Nigerian government following a French court’s authorization to seize three Nigerian presidential jets. The court’s ruling restricts the movement, sale, or purchase of the aircraft until Zhongshan receives $74.5 million, as awarded in … Read more