Another jet belonging to Nigerian government seized by Chinese firm in Canada

After the Nigerian aircraft was initially seized and released in France, the Chinese firm Zhongshang Fucheng Industrial Investment Ltd, which was involved in the controversial seizure, seized another Nigerian jet in Canada. The initial seizure included three aircraft and other assets in other countries.

The recent seizure came after the three presidential aircraft were ordered seized by the Reach court in a judgement that favoured Hongshan Fucheng; the disagreement came after the company had a dispute with the government of Ogun state.

After the disagreement, it decided to release one of the presidential jects to the government, which would enable the president to travel to France after a meeting was scheduled between the two nations’ presidents. The chinease company stated that the release was out of good will and kind gesture.

President Bola Tinubu travelled to France on Monday using the A330 business jet, despite the controversies surrounding its release to the Nigerian government.

The Chinease firm, in a landmark victory, received a change of custodian paper for the Bombardier 6000 type BD-700-1A10 aircraft from Canadian authorities in Montreal months after a Quebec court issued a judgement that empowered Zhongshang to seize the jet from Nigeria.

The company has made several attempts to enforce its arbitration awards of over $70m against Nigeria. The company has confiscated several assets belonging to the country the properties confiscated includes two properties in Liverpool, a Dassault Falcon 7X in Paris, a Boeing 737, an Airbus A330 valued at over $100m with the Bombardier 6000 in Canada as the latest to be confiscated.

The Superior Court of Quebec on March 21st was disarmed the attempt by the Nigerian government to retain the ownership of the Bombardier 6000 jet. According to records, the jet was bought at $57m by Dan Etete