ARMS DEAL: Finally, South Africa returns seized $15m to Nigeria



The South African Ambassador to Nigeria, Lulu Mnguni, said in a news conference on Friday that the $15m earlier seized from some Nigerians by the South African Government had been released to Nigeria.

The South African Government had, on September 5, 2014, seized $9.3m cash belonging to Nigeria and a month later seized another $5.7m, claiming that both funds were to be used for illegal purchase of arms, www.thecable.ng reported.



However, Nigeria’s National Security Adviser, Sambo Dasuki, said the transactions were legal, urging the South African Government to stop actions that could degenerate to a diplomatic showdown.

The South African Government on October 14, 2014 said it would return the money to Nigeria.

Mnguni also spoke on the collapsed building in the Synagogue church in Lagos State and its effect on the relationship between the two countries.

He said that the two countries had come a long way and that the development would only make them remain stronger.

“South Africa’s relations with Nigeria has come a long way, so now this actually will make us much closer, to see how we can close some of these gaps that result in such accidents,” he said.

The South African ambassador added that the seizure of the funds was in no way related to the Synagogue collapse.

“South Africa’s relation with Nigeria is priceless; it cannot be sold for $15m,” he said.
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  1. South Africa better not mess up with us. They are fortunate that we have a gentle ruler. I trust OBJ, the trust would not have been thesame

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    1. Whatever. You know that money will be returned to nigeria to be looted so why the ranting?

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  2. The National Assembly was already xray-ing DSTV. The next would have been MTN and other South African countries that are ripping us off. Them get luck say GEJ na slow and steady. But I don't know if he forgives.

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  3. If the transaction is genuine, courtesy and diplomacy required that South Africa should apologise to Nigeria. If SA did not apologise, then Nigeria is guilty of money laundering as alleged.

    ReplyDelete

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