FGs case against Chinese firm worsens as US court awards $70m against Nigeria

  • The Ogun state government has again been fined $70 million in an arbitrary appeal against the judgment earlier secured by Zhongshan Fucheng Industrial Investment Co. Ltd, a Chinese firm
  • A United States Court of Appeal, in a final charge, ordered the Chinese firm to take over two properties in the US
  • The federal government had earlier appealed the ruling of the District Court of Columbia, but the court insisted on having the right to hear the matter, giving its reason

US Court ordered FG to forfeit two properties to Chinese firm
Photo Credit: Getty ImagesSource: TwitterCourt orders seizure of Nigeria’s presidential jetsChinese firm institutes treaty against NigeriaPresidential jets: Peter Obi knocks FG

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