Former Ogun State Governor Ibikunle Amosun has condemned Zhongfu International Investment FXE, claiming it falsely posed as a legitimate investor in the Ogun Guangdong Free Trade Zone. Amosun revealed legal battles and governmental interventions affirming China Africa Investment FXE as the rightful investor, ensuring Nigeria's interests were protected.
Former Ogun State Governor Ibikunle Amosun has publicly condemned Zhongfu International Investment FXE, the firm that recently seized Nigerian presidential jets, describing it as an impostor. In a detailed statement, Amosun explained how, upon taking office in 2011, he discovered two Chinese companies, Zhongfu International Investment FXE and China Africa Investment FXE, were both claiming management rights over the Ogun Guangdong Free Trade Zone (OGFTZ).
The dispute led to severe disruptions in the Zone’s operations and threatened local safety. Amosun revealed that Zhongfu's claims were fabricated, aimed at undermining China Africa Investment FXE and covertly seizing Guangdong Province's assets.
The issue was ultimately resolved with the intervention of the Chinese government, which confirmed China Africa Investment FXE as the rightful investor in 2016.
Despite Zhongfu's multiple failed court attempts and petitions to higher authorities, Amosun assured that his administration acted within the law and defended Nigeria's interests. He expressed readiness to cooperate with government agencies to prevent any further fraudulent schemes involving Zhongfu or similar entities.
