The Ogun State Government has described as fraudulent the judicial process that led to the provisional attachment of three Nigerian Government-owned aircraft in France by the Judicial Court of Paris in a suit by a Chinese company, Zhongshan Fucheng Industrial Investment Company Limited.
This was contained in a statement by the Special Adviser to the Governor on Media and Strategy, Kayode Akinmade.
According to the statement on Thursday, the Ogun State Government described the latest development as the new antics by the Chinese company to appropriate Nigerian assets in foreign jurisdictions as past efforts had continually failed.
Akinmade said in the statement: “On August 14, 2024, the attention of the Ogun State Government was drawn to the provisional attachment of three Nigerian government-owned aircraft in France by the Chinese company, Zhongshan Fucheng Industrial Investment Co. Ltd. (Zhongshan).
“Ogun State also learned of two orders of the Judicial Court of Paris dated March 7, 2024, and August 12, 2024, respectively, both obtained by Zhongshan without notice being duly given to the Federal Government or Nigeria, Ogun State or their legal counsel.
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“This is the latest in a series of ill-advised attempts by Zhongshan to attach Nigerian-owned assets in foreign jurisdictions, none of which have to date led to the recovery of any sums from Nigeria.
“Each of the three aircraft is used solely for sovereign purposes and as such are immune from attachment under international and French laws.
“In obtaining the provisional attachments, Zhongshan deliberately withheld information from the Federal Government of Nigeria, Ogun State and their legal counsel.
“Just like the P&ID case, this is another unfortunate case of unscrupulous individuals masquerading as foreign investors with the sole aim of defrauding Ogun State and Nigeria.
“It should be recalled that the underlying contract between Ogun State and Zhongshan was executed in 2007, 12 years before the present administration, for the management of a free-trade zone.
“The parties entered into a dispute in 2015 with arbitration commencing in 2016.
“By 2019, when the current State Administration took office, the hearing at the arbitration had been all but concluded.
“The Arbitral Panel awarded over 60 million USD against the Federal Government of Nigeria (FGN) which was a co-Defendant, when all Zhongshan had done was to build a perimeter fence around the free-trade zone. Needless to say, this was a bad/unfair decision.
“The present state administration could not in all good conscience allow such an unconscionable and baseless decision, which would dissipate the commonwealth of the good people of Ogun State.
“Accordingly, and based on erudite legal advice, this administration resolved to resist enforcement of the award.
“The resistance was successful in eight different jurisdictions.
“Currently, there are pending appeals against recognition orders issued in both the US and UK.”
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