{"id":128185,"date":"2024-08-17T20:54:52","date_gmt":"2024-08-17T19:54:52","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor"},"modified":"2024-08-17T22:04:06","modified_gmt":"2024-08-17T21:04:06","slug":"presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor","title":{"rendered":"Presidential jets seizure: Amosun clears air, says Chinese firm an impostor"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Former Ogun State governor, Ibikunle Amosun, has described the Chinese firm that seized Nigeria\u2019s presidential jets, Zhongfu International Investment FXE, as an impostor who merely sought to de-market China Africa Investment FXE and covert the state-owned assets of Guangdong Province in China.<\/p>\n<p>Amosun stated this in a statement obtained on Saturday.<\/p>\n<p>The former governor disclosed that upon assumption of office in 2011, he discovered that the two Chinese companies, Messrs China Africa Investment FXE and Zhongfu International Investment FXE, are laying claim to management rights over the Ogun Guangdong Free Trade Zone, OGFTZ.<\/p>\n<p>The business dispute according to him became fierce, grounded seamless business activities and threatened public peace and safety within the Zone and neighboring communities.<\/p>\n<p>Amosun disclosed that the dispute was settled with the intervention of the Chinese Government via Diplomatic Note 1601, in 2016 wherein it was clarified that China Africa Investment FXE was the rightful investor.<\/p>\n<p>Amosun\u2019s statement reads: \u201cOur administration assumed office on 29 May, 2011. Very shortly after we took office, two different sets of Chinese companies, Messrs China Africa Investment FXE and Zhongfu International Investment FXE laid claims to Management rights over the Ogun Guangdong Free Trade Zone (OGFTZ).<\/p>\n<p>\u201cThe business dispute and rivalry between the Chinese concerns soon became fierce, grounded seamless business activities and threatened public peace and safety within the Zone and neighboring communities.<\/p>\n<p>\u201c Zhongfu International Investment FXE, pretending to be a concerned and genuine tenant and Zone stakeholder volunteered very damaging and destructive information about the official representatives of Guangdong Province, the Joint Venturer and lawful Zone Managers, China Africa Investment FXE and subsequently requested to be appointed as Interim Zone Managers.<\/p>\n<p>\u201c Based on the information at the disposal of Goverment at the time, Zhongfu International Investment FXE was on 15\/03\/2012 appointed as Interim Zone Manager pending further evaluation. The whole idea was to ensure that someone was in charge and thereby prevent unwholesome and untoward development in the Zone pending the completion of our fact finding exercise.<\/p>\n<p>\u201c It was later discovered that the information and claims volunteered by Zhongfu International Investment FXE against China Africa Investment FXE were tissues of lies.<\/p>\n<p>\u201cUnknown to Ogun Goverment at the time, Zhongfu International Investment FXE merely sought to de-market China Africa Investment FXE and to surreptitiously covert the State-owned assets of Guangdong Province in China together with the Zone ownership and management rights of their business rival.<\/p>\n<p>\u201cThe Government of the Peoples Republic of China, via its Diplomatic Note 1601 dated 11th March, 2016 clarified to Ogun State Government, that China Africa Investment FXE was the rightful investor. After due consultation with the relevant organs of Government, we gave effect to the request of the Chinese Government.<\/p>\n<p>\u201cWe do recall, that Zhongfu International Investment FXE approached Nigerian courts in different jurisdictions to ventilate its legal and business rights. They lost all their four cases in court.<\/p>\n<p>\u201cWe also consulted with and took advice from the State Security Services and the supervising Agency, NEPZA, on the best way to proceed. Accordingly, we served Zhongfu International Investment FXE with formal Termination Notice dated 27 May, 2016.<\/p>\n<p>\u201cFor completeness of records, we must mention that Zhongfu International Investment FXE proceeded to Court.<\/p>\n<p>\u201cAmong others, the proceedings in Suit No HCT\/417\/2016: Zhongfu International Investment FXE Vs OGFTZ and, FCT\/ABJ\/CS\/601\/2016: Zhongfu International Investment FXE Vs NEPZA &amp; Ors will help to throw light on this business dispute between two Chinese entities- Zhongfu and China Africa.<\/p>\n<p>\u201cThe final judgement in one other case, Suit No AB\/04\/2017: Zenith Global Merchant International Investment Ltd Vs Zhongfu International Investment FXE delivered on 29\/3\/2017 specifically restrained a reference to arbitration in the special circumstances of the matter being a trade dispute between two Chinese entities- Zhongfu and China Africa, with little or no connection with either Ogun State or the Federal Government.<\/p>\n<p>\u201cNot satisfied with the decisions of the various courts, Zhongfu International Investment FXE took its case, and wrote petitions at various times, to higher authorities in Abuja; the Presidency, Hon Minister of Trade &amp; Investment; Attorney General &amp; Minister of Justice, Inspector General of Police, EFCC and the National Assembly (both the House of Representatives and the Senate) among others.<\/p>\n<p>\u201cWe successfully defended our actions at all levels before these organs of government, and they all agreed with our position. Shortly after, our administration left office in May, 2019.<\/p>\n<p>He clarified that his administration did not dispatch security personnel to beat or threaten anyone, saying that any report of such must have come from one of the contending rivals in an attempt to outdo the other.<\/p>\n<p>Amosun, however, expressed readiness to work with the agencies of government to ensure that Nigeria is not scammed by Zhongfu International Investment FXE, or any other entity.<\/p>\n<p><strong>For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Former Ogun State governor, Ibikunle Amosun, has described the Chinese firm that seized Nigeria\u2019s presidential jets, Zhongfu International Investment FXE, as an impostor who merely sought to de-market China Africa Investment FXE and covert the state-owned assets of Guangdong Province in China. Amosun stated this in a statement obtained on Saturday. The [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":128183,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,29,28,14,2660],"tags":[796,254,14480],"class_list":["post-128185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-to-homepage","tag-amosun","tag-nigeria","tag-presidential-jets-seizure"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Presidential jets seizure: Amosun clears air, says Chinese firm an impostor - Nigeria<\/title>\n<meta name=\"description\" content=\"Former Ogun State governor, Ibikunle Amosun, has described the Chinese firm that seized Nigeria\u2019s presidential jets, Zho ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Presidential jets seizure: Amosun clears air, says Chinese firm an impostor\" \/>\n<meta property=\"og:description\" content=\"Former Ogun State governor, Ibikunle Amosun, has described the Chinese firm that seized Nigeria\u2019s presidential jets, Zho ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-17T19:54:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-17T21:04:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/08\/sm_1723916008.941186.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"692\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Presidential jets seizure: Amosun clears air, says Chinese firm an impostor\",\"datePublished\":\"2024-08-17T19:54:52+00:00\",\"dateModified\":\"2024-08-17T21:04:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor\"},\"wordCount\":799,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/08\/sm_1723916008.941186.jpg\",\"keywords\":[\"Amosun\",\"Nigeria\",\"Presidential Jets Seizure\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"Policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/presidential-jets-seizure-amosun-clears-air-says-chinese-firm-an-impostor\",\"name\":\"Presidential jets seizure: Amosun clears air, says Chinese firm an impostor - 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