A French court had authorised the seizure of the new presidential jet and two other aircrafts owned by Nigeria.
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“As a gesture of goodwill, Zhongshan has lifted the seizure of that aircraft immediately. This will allow it to be used for the President’s trip. The court order prohibits the jets’ movement, sale, or purchase until Zhongshan receives the awarded $74.5 million. Bailiffs have served papers for each aircraft.Reacting in a statement on Thursday, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, described the French court’s order attaching Nigeria’s presidential jets as a result of the arm-twisting tactic by a Chinese company.
On 29 June 2010, Zhuhai Zhongfu Industrial Group Co Ltd, the parent company of Zhongshan, and the Ogun Guangdong Free Trade Zone entered into a framework agreement on establishing Fucheng Industrial Park within the zone. The agreement gave Zhuhan the right to develop and run Fucheng Park within the zone.registered Zhongfu International Investment FZE, a subsidiary of Zhongshan, as a free trade zone enterprise within the OGFZ in 2011.
This newspaper also learned that afterwards, the federal government repeatedly pleaded with the Ogun State Government to resolve its dispute with Zhongshan amicably, but no settlement was reached.
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