July 09, (THEWILL) – Bi-Courtney Aviation Services Limited (BASL), the operator of Murtala Muhammed Airport, Lagos Terminal Two (MMA2), has denied claims that it owes the Federal Airports Authority of Nigeria (FAAN) N14 billion.
In a statement by its Spokesman, Mikail Mumuni, the company instead said FAAN is indebted to it to the tune of N200 billion.
“On the contrary, it is FAAN that owes Bi-Courtney over N200bn by depriving it of its legitimate earnings over the past 14 years,” the statement read in part.
The company accused FAAN of opening and operating the General Aviation Terminal (GAT), thus competing with it in the running of the Domestic Terminal, which it said, is a flagrant breach of the concession agreement.
“BASL in line with the dispute resolution process contained in the agreement had an arbitration award in its favour. It also got the judgement of a High Court, six Court of Appeal judgements and a Supreme Court judgement, all in its favour and sustained the monetary award,” Mumuni said.
Mumuni stressed that the courts ruled that any debt that may be alleged against BASL by FAAN should be deducted from the credit judgement after due verification.
THEWILL reports that Nigeria’s Aviation Minister, Hadi Sirika, had said BASL is indebted to FAAN to the tune of N14 billion and had not made any payment to the government in the last 13 years.
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