In a dramatic turn of events, a Chinese firm has taken control of a $57 million private jet that Nigeria had stored in Canada, originally seized from the fugitive Dan Etete.
The firm has also seized Nigeria’s guest houses located in Liverpool, U.K., and has controversially listed the property for sale on eBay for $2.2 million.
These guest houses, which were initially acquired by the Nigerian government, have now become the focal point of a contentious transaction.
The situation raises serious concerns about the security and management of Nigeria’s assets abroad. The seizure of the private jet and the guest houses by the Chinese firm suggests a complex legal and financial dispute that could have significant implications for Nigeria’s international relations and asset recovery efforts.
The listing of the guest houses on eBay adds another layer of controversy, as it highlights the potential undervaluation and mismanagement of Nigerian properties abroad.
This development could lead to further scrutiny of how such valuable assets are protected and managed and may prompt the Nigerian government to take urgent action to reclaim its properties and address the underlying issues that led to this situation.