A Paris court has authorised a Chinese investment firm to seize three Nigerian presidential aircraft in the execution of an international arbitral award granted in 2021, reports Nigeria’s Premium Times.
Having published a translated version of the court document, the Premium Times reported that the enforcement judge at the Paris Judicial Court (Tribunal Judiciaire de Paris) authorised Zhongshan Fucheng Industrial Investment Co. Ltd to seize the aircraft as security for its claim of EUR74,459,221 euros (USD81,724,193) related to an award…
Source: ch aviation
Read more: Chinese firm set to seize Nigerian presidential jets