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Ogun State Govt Is Owing A Chinese Company, Zhongshan, $74.5M And Has Been Evading Payment

Now a French Court has given order that 3 Presidential jets (2 earlier put up for sale and the new one recently purchased) be seized....READ THE FULL ARTICLE HERE ▶▶

The seizure is a result of the government’s failure to honour a $74.5 million award granted to Zhongshan by an independent arbitral tribunal, chaired by the former President of the UK Supreme Court.

The court order restricts the movement, sale, or purchase of the jets until Zhongshan receives the awarded amount, leaving the Nigerian government facing consequences for the actions of its subnational entity…READ FULL ARTICLE

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Written by Gistnub

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