The Presidency is aware of attempts by Zhongshan Fucheng Industrial Investment Co. Ltd., a Chinese company, to seize Nigeria's offshore assets through deceit. Bayo Onanuga, Special Adviser to the President on Information and Strategy, stated that Zhongshan misled the Paris Judicial Court into attaching Nigeria's presidential jets in its judgment against the Ogun government. He emphasized that the presidential jets are protected by diplomatic immunity and cannot be subject to foreign court orders. Onanuga noted that the Federal Government has no contractual obligation with Zhongshan and is working with the Ogun government to resolve the matter amicably. He criticized Zhongshan's tactics as "arm-twisting" and accused the company of trying to defraud Nigeria with the help of bureaucrats. Onanuga assured that the Federal Government will protect Nigeria's national assets from "predators and shylocks" masquerading as investors.
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