Zhongshang Fucheng Industrial Investment Ltd, a Chinese company embroiled in the contentious seizure of three Nigerian aircraft in France and various assets in other nations, has now taken possession of another Nigerian jet in Canada.

This development follows the French court's ruling that favored Zhongshang Fucheng in the seizure of three presidential aircraft, stemming from a dispute with the Ogun State Government. The company subsequently announced its decision to release one of the three aircraft as a goodwill gesture, particularly in light of an upcoming meeting between President Bola Tinubu and French President Emmanuel Macron.

On Monday, Tinubu traveled to France aboard the released Airbus A330 business jet, amidst ongoing debates regarding its acquisition, after it was returned by the Chinese firm. Recently, Zhongshang received new custodian documentation for the Bombardier 6000 type BD-700-1A10 aircraft from Canadian authorities in Montreal, following a Quebec court ruling that authorized the seizure of the jet from Nigeria.

In its efforts to enforce arbitration awards exceeding $70 million against Nigeria, Zhongshang has confiscated numerous Nigerian assets abroad, including two properties in Liverpool, a Dassault Falcon 7X in Paris, a Boeing 737, and an Airbus A330 valued at over $100 million, with the Bombardier 6000 in Canada being the most recent addition.

On March 21, 2024, Judge David Collier of the Superior Court of Quebec rejected Nigeria's bid to maintain ownership of the Bombardier 6000 jet, which was reportedly purchased for $57 million by Dan Etete, a fugitive, as part of a lavish spending spree following his acquisition of over $350 million from the corrupt sale of the OPL 245 oil field in 2010.