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Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa - Politics - Nairaland

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South Africa Returns Nigeria's Seized $9.3 Million / South Africa Government Flawed FG Explanations Over $9.3 Million / Jonathan Meets Security Chiefs Over Seized $9.3 Million (2) (3) (4)

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Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by codedruns: 10:27am On Sep 18, 2014
Seized $9.3 million: Nigerian government’s explanations flawed – South Africa
Nicholas Ibekwe - 13 mins agoHEADLINE

Investigators in South Africa have dismissed Nigerian government’s explanations of the purpose of the $9.3 million cash seized from two Nigerians and an Israeli as “flawed and riddled with discrepancies”.
The suspects told South African authorities that the money was meant for the procurement of arms for Nigerian intelligence agencies.
The jet used to ferry the money is owned by Ayo Oritsejafor, who heads the Christian Association of Nigeria, CAN.
Mr. Oritsejafor, a cleric, said he is not aware of the arms deal. He said although he owns the aircraft, it was managed by another company, Eagle Air Company, which in turn, leased the jet to a third party, Green Coast Produce Limited.
The Nigerian government in an unsigned statement, Tuesday, said it has provided South African authorities with documents and receipts to prove that the transaction was “legitimate.”
Nigerian security officials also said that it was normal practice to procure arms with cash.
“The Federal Government has submitted relevant data and documents on the transaction to South Africa and insisted that the transaction was legitimate. It also clarified that the funds were not laundered or smuggled for any covert manoeuvres. No launderer will be audacious to fly into a country in a chartered jet with such a huge cash,” a
statement by PRNigeria, an agency that regularly disseminates media statements for the military, police and other security agencies in Nigeria explained.
The statement tallies with what top security officials told PREMIUM TIMES in confidence that the money was legit as the government decided to buy the arms secretly; because the U.S. government had allegedly blocked its efforts to buy arms openly.
However, the government’s explanation does not seem to be gaining traction with South African investigators as the Asset Forfeiture Unit, AFU, of the National Prosecuting Authority of South Africa, NPA, has obtained a court order to freeze the money.
The NPA, in a statement sent to PREMIUM TIMES Wednesday said that the manner which the money was brought into the
country breached the country’s laws that deal with the transfer of foreign exchange of such proportion.
“The money was initially detained by the South African Revenue Service (SARS) as it was not disclosed or declared at customs, and was above the prescribed legal limit for the amount of cash that may be brought into the country,” it said in a statement.
Investigators also cast serious doubt on the Nigerian government’s explanation that the money was meant for the procurement of arms and that it has provided documents and receipt to back its legitimacy, raising serious concern that suspects might have been in the process of laundering the money before it was intercepted.
The NPA said its investigation shows that Tier One Services Group, the firm Nigerian government claimed it wanted to procure the arms from, is not authorised to sell or rent military hardware.
“In court papers, the NPA submitted evidence that Tier One is not registered with the National Conventional Arms Control Committee and is thus not authorised to enter into any agreements regarding the sale and/or rental of military equipment,” the statement read.
Tier One has apparently issued an invoice to a Cyprus based company, ESD International Group Ltd, ESD, in respect of the procurement of armaments and helicopters to be delivered to Nigeria. However, South African investigators said the time when the invoice was prepared and the time the money was brought in threw up some serious issues of its true intent.
The money was ferried to South Africa less than a week from the date the invoice was prepared (September 8, 2014).
The involvement of a Cyprus based company also heightens the suspicion that this may be a case of classical money laundering. Cyprus is notorious for its secretive banking system, which attracts shady characters and corrupt politicians looking to dry-clean ill-gotten funds.
The NPA added that the transaction did not follow normal procedure in the procurement of the kind of equipment it was alleged to have been meant for.

Source: Premium Times
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by vedaxcool(m): 10:33am On Sep 18, 2014
Kindergarten Government!!

Ebola Jonathan: ordinary stealing Nigerians will call it corruption!

6 Likes

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by olapluto(m): 10:37am On Sep 18, 2014
So military hardware don become ewedu wey people dey carry money go buy for market? What happened to bank transfers? Or are they trying to dodge America so much that they cannot wire such amount of money to SA under any other guise?
Jonathan and Orisajefo are disgracing themselves.

9 Likes

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Oklander: 10:49am On Sep 18, 2014
Chai
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Rilwayne001: 11:03am On Sep 18, 2014
SMDH


cry weeping for this country
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by swtdrms(m): 11:13am On Sep 18, 2014
Trust this government at ur own perils...i hv said my own

1 Like

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Sibrah: 11:17am On Sep 18, 2014
Hmmm . . . APC is now in charge of SA

1 Like

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by nedu2000(m): 11:24am On Sep 18, 2014
America will know
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by SOUNDKING: 11:28am On Sep 18, 2014
Just like i said in 2011, i repeat again, jonathan divide this burning house now, so that evry body will sit up to quench their's.
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Nobody: 11:34am On Sep 18, 2014
Front page please! Breeze don blow,fowl yansh don open!

South Africa should please seize the money. It must not be refunded to the Nigerian government.

3 Likes

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by bamosagie(m): 11:37am On Sep 18, 2014
Just dont know when to keep quiet.

1 Like

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by omerta(f): 11:38am On Sep 18, 2014
Thank God the source is Ifeanyi's Premium times!

Seun, front page. grin
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Nobody: 11:43am On Sep 18, 2014
omerta: Thank God the source is Ifeanyi's Premium times!

Seun, front page. grin
Just imagine that huge sum of money being freezed by SA government at a time they lost 67 of their countrymen to building collapse in Nigeria.

I just dey observe!
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Omen100(m): 11:44am On Sep 18, 2014
bamosagie:

Just dont know when to keep quiet.

your father will be so ashamed of that ill statement of yours.

3 Likes

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by yomexp(m): 11:46am On Sep 18, 2014
olisah metuh will be like; "rueben( rueben abata) whom do we blame for this?
gringringringringringringringrin

1 Like

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Mogidi: 11:46am On Sep 18, 2014
Omen100:

your father will so ashamed of that ill statement of yours.

If you had a father you wouldn't resort to calling out someone's father because he aired his views.
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Nobody: 11:47am On Sep 18, 2014
bamosagie:

Just dont know when to keep quiet.

You mean she should keep quiet in the face of gross idiocy,criminality,corruption and international monumental embarassment brought upon the Nation by Jona.clu.eless and OritseJETfor?

1 Like

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by bamosagie(m): 11:48am On Sep 18, 2014
.
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Collynzo17: 11:48am On Sep 18, 2014
Since when did Premium times start speaking for South Africa?

1 Like

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by omerta(f): 11:48am On Sep 18, 2014
berem: Just imagine that huge sum of money being freezed by SA government at a time they lost 67 of their countrymen to building collapse in Nigeria.
I just dey observe!
Abi o!

@topic: Jonathan together with that thieving Warri boy should "continu" their deception. They should "continu" dividing this already fragile nation. One day, kuluya go burst!
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Nobody: 11:53am On Sep 18, 2014
beopened:

You mean she should keep quiet in the face of gross idiocy,criminality,corruption and international monumental embarassment brought upon the Nation by Jona.clu.eless and OritseJETfor?
that dude is seeking for my attention. I don't respond to idiotts! He's better off ignored.
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Nobody: 11:55am On Sep 18, 2014
This isn't really a topic to get to get involved in. However, with the monies being looted brazenly in that country and kept in secret accounts; the tendency of this government to keep wasting money on obsolete weapons, thus weakening the Nigerian army; the huge inflow of small and heavy weapons into that country in different axis through private individuals; accusations and counter-accusations everywhere; and how this government keeps covering up everything. It's safe to say that: something discreet is actually in the offing.

Only God knows how many times this government has sent private individuals out to buy weapons in the black market for only reasons known to those in-charge. I'm sure this incident isn't the first one. Anyway, when the real shooting match starts next year - it's going to super bloody. And I just hope the Yoruba are prepared, and they aren't carried away by pseudo-sophistication. When the first civil war started, the excuse was that: the Yoruba were not prepared.There will be no excuse this time - this looks like shock and awe, and folks are planning something major.

1 Like

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by ojofu(m): 12:01pm On Sep 18, 2014
That 10 million dollar NOI said was missing, has it been found? Maybe, na part of the money be that.
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by obailala(m): 12:17pm On Sep 18, 2014
At the end of the day, this whole saga is a simple case of money laundering gone wrong.. Government officials laundering money under the guise of procuring arms to fight insurgency... and we keep asking ourselves how come the Jonathan government has spent billions upon billions of dollars for defence and yet the military men at the battlefield are still not equipped?...

Now we have 12 of our gallant soldiers being sentenced to death for daring to complain/protest. If anything happens to those soldiers, these our crops of mindlessly corrupt politicians will surely die very terrible deaths.

May God expose these charlatans extensively before the next general elections

2 Likes

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Omen100(m): 12:32pm On Sep 18, 2014
Mogidi:

If you had a father you wouldn't resort to calling out someone's father because he aired his views.


block-head, yours will be ashamed also because both of you are disgrace to your communities & your fathers are really upset about it & about to disown you two.





thank you.

1 Like

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Nobody: 12:34pm On Sep 18, 2014
obailala: At the end of the day, this whole saga is a simple case of money laundering gone wrong.. Government officials laundering money under the guise of procuring arms to fight insurgency... and we keep asking ourselves how come the Jonathan government has spent billions upon billions of dollars for defence and yet the military men at the battlefield are still not equipped?...

Now we have 12 of our gallant soldiers being sentenced to death for daring to complain/protest. If anything happens to those soldiers, these our crops of mindlessly corrupt politicians will surely die very terrible deaths.

May God expose these charlatans extensively before the next general elections

Are you sure this is actually a case of just money laundering, since there's an intention to procure arms in the black market? Yes, money laundering is part of it, due to the amount involved - but the intention to procure arms was the primary goal. Deal with the primary goal.

Stop living in denial. South Africa is definitely not the place to launder money.

2 Likes

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by vecman22(m): 1:07pm On Sep 18, 2014
from today onward, i stop supporting gej and his govt... hv tried my best to defend him. bt it is now clear dat he mean no well for dis country..

last bullet...
for the first time.. i chose to call him a drunkard, clueless idiot.. yu are going back to dat bush yu came from...

3 Likes

Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Obinoscopy(m): 6:59pm On Sep 18, 2014
berem: Front page please! Breeze don blow,fowl yansh don open!

South Africa should please seize the money. It must not be refunded to the Nigerian government.
Really?
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by san316(m): 7:30pm On Sep 18, 2014
What will the FG say next? If not for this dance of shame by the fg, what will give S.A The impetus to refer to Nigeria in this manner. When did they even gain independence? Was it not Nigeria that fought for them? Now our government has made us look small in their eyes. To show how useless the fg is, they know that S.A is our regional economic rival and challenger and would do anything to denigrate us. Thanks FG, you just gave them what they want.
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Nobody: 7:39pm On Sep 18, 2014
Stupid govt! Bunch of loosers
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Nobody: 8:53pm On Sep 18, 2014
Obinoscopy: Really?
angry angry angry angry angry angry angry
Re: Seized $9.3 Million: Nigerian Government’s Explanations Flawed – South Africa by Obinoscopy(m): 8:54pm On Sep 18, 2014
berem: angry angry angry angry angry angry angry
kiss kiss kiss kiss kiss kiss kiss kiss kiss

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