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South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b - Travel - Nairaland

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South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by obafemee80(op): 6:07pm On Aug 28, 2019
https://i1.wp.com/autojosh.com/wp-content/uploads/2019/08/IMG_20190828_174245_883.jpg

South Africa on Friday seized an aircraft belonging to Tanzania's national carrier, Air Tanzania, over a farmer's $33-million compensation claim for land which Tanzania forcefully collected decades ago.

The Air Tanzania plane was seized at Johannesburg's OR Tambo International Airport after it landed on a scheduled flight from the Tanzanian economic capital Dar es Salaam.

Lawyer Roger Wakefield of Werksmans Attorneys, a specialist in cross-border disputes, said the seizure followed an order granted by the High Court in Johannesburg on Wednesday.

Here Is What Happened:
In the 1980s, according to Lawyer Roger Wakefield, the unnamed farmer was jailed for nine months while his massive privately-owned bean and seed farm, including equipment, 250 cars and 12 small planes, was seized by the Tanzanian government.

The government of Tanzania later agreed to compensate the Namibian-born Tanzanian farmer with $36m (₦13.1b) in the 1990s -- but the government only paid $20m (₦7.3b).

The outstanding balance of $16m (₦5.8b), which has accrued interest over the decades, now stands at $33m (₦11.9b).

The seized Airbus A220-300 aircraft, which was delivered brand new shortly before Christmas to Air Tanzania, is said to worth about $90m (₦32.6b), according to Wakefield.

The Lawyer said:
"If we have to auction it we certainly will" 

"It will remain under attachment until they pay the debt or put up security for the claim"


This is not the first time that an Air Tanzania plane will be seized. In 2017, an Air Tanzania Bombardier Q400 aircraft was seized by Canadian authorities over an unpaid debt of $38 million owed to a Canadian engineering company since 2010.

The Bombardier Q400 aircraft was released in March 2018 after Tanzania's prime minister and attorney general negotiated its release.

https://autojosh.com/south-africa-seizes-air-tanzania-n32-6b-aircraft-over-an-unpaid-debt-of-n11-9b/
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by Nukilia:
When PID starts siezing Nigerias assets abroad, I hope it won't be something like this.. grin cheesy cheesy
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by PureGoldh(m):
Yawa dey oo

This South Africa of a country no dey smile oh. The way their government brutalise and seizes other countries people and properties no be here
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by ufondunenye(f): 7:55pm On Aug 28, 2019
I dont have much things to say cos me self doesn't understand what the post is all about.
Can someone help me with that image of rushing to open a post ad going out of the post? shocked cool tongue
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by Iyajelili(f): 7:55pm On Aug 28, 2019
Are they just getting to know or is this the response to the ongoing feud between the 2?
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by bestman09(m): 7:56pm On Aug 28, 2019
angry
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by WaywardSon(m): 7:56pm On Aug 28, 2019
kiss
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by chozzy:

That's how P&ID will start seizing Nigeria's #3 trillion assets due
to Buhari's carelessness

Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by MrAnele(m): 7:57pm On Aug 28, 2019
SA eh. Their own too much
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by Blingblings(m): 7:57pm On Aug 28, 2019
Wow.... Now that Japan prime minister is back he should seize pmb too. We don't mind
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by Toscarel: 7:57pm On Aug 28, 2019
apcshit should be careful because the way this country keeps borrowing money one of these days, one country would seize our precious BUBU

but we don't mind they can keep him and do a research on him
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by guttentag(m): 7:57pm On Aug 28, 2019
yebo
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by Topmaike007(m): 7:57pm On Aug 28, 2019
South Africa things dey always dey somehow
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by BeEagle: 7:57pm On Aug 28, 2019
I don't see the problem. Sell the plane, comot your money and give them the change. #20.7b
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by Dandsome: 7:58pm On Aug 28, 2019
Bullying has started
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by chudez0147(m): 7:59pm On Aug 28, 2019
How many Aircraft worth #33billion...
Bloggers and lie are like 5$6
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by jayextra(m): 7:59pm On Aug 28, 2019
They shuu commah seize bubu biko grin
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by froxydydx: 7:59pm On Aug 28, 2019
No sense of diplomacy.
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by sylve11: 7:59pm On Aug 28, 2019
i hope they seize nigeria las las, because our debts na die............... tongue cool

Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by TSRC: 8:00pm On Aug 28, 2019
Tanzania should do the same.
What nonsense.

No respect for sovereignty.
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by Conclusion06: 8:01pm On Aug 28, 2019
imediately after a South African was killed by a Tanzanian..the me t thing is to seize their aircraft... South Africa is a nonsense place......
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by Abidob(m): 8:02pm On Aug 28, 2019
Balance them 20.7billion
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by ednut1(m): 8:02pm On Aug 28, 2019
If we did further now . We will find out the farm is in ruins now
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by Lexusgs430: 8:03pm On Aug 28, 2019
If Air Nigeria ever floats........ This would be its faith.......
Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by IdioticNLmods: 8:03pm On Aug 28, 2019
Because a Tanzanian man killed a taxi driver today?
XhosaNostra Lionessza6 is this how you people are?

Re: South Africa Seizes Air Tanzania ₦32.6b Aircraft Over An Unpaid Debt Of ₦11.9b by FManager(m): 8:05pm On Aug 28, 2019
sylve11:
i hope they seize nigeria las las, because our debts na die............... tongue cool
I feel so sad for you, honestly tongue cry

1 2 3 Reply

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