The South African government is ready to
return the seized two tranches of money
totaling $15million belonging to Nigeria meant
for arms purchase in South Africa, thereby
putting to rest the controversy in and outside
the country surrounding the seizures.
The South African Ambassador to Nigeria, Lulu
Mnguni, who made the revelation on African
Independent Television (AIT) news programme
last night, said his country was willing to talk to Nigeria in order to resolve the imbroglio, adding that Pretoria was not willing to keep Nigeria’s money as it is only interested in due process.
South African operatives had confiscated $
9.3m stashed in three suitcases on September
5, 2014 at Lanseria International Airport,
Johannesburg, in a private jet which flew in
from Nigeria, accusing the occupants of
attempting to smuggle the undeclared cash
into their country.
While the controversy on the propriety of the
botched transaction was ongoing, the South
African authorities seized yet another $
5.7million cash belong to Nigeria for arms
purchase.
The envoy said: “Well, obviously we also in
South Africa don’t want to keep Nigeria’s
money, but we want to follow due process to
address it. It’s their money and so they would
like to have their money back.”
He also disclosed that his country was willing
to sell arms to Nigeria in order to contain the
Boko Hara insurgency facing the country,
adding South Africa was a long-time supplier of arms to Nigeria.
“We’ve been selling arms to Nigeria for many
years, so we don’t have a problem. Why should
we not sell arms to Nigeria? If Nigeria needs
arms to protect its citizens and its peoples, so
we have to assist them,” Monaisa added.
South Africa’s Asset Forfeiture Unit of the
National Prosecuting Authority had seized the
funds for allegedly being the proceeds of illegal
transactions..
http://leadership.ng/news/387061/arms-deal-well-return-nigerias-15m-south-africa

k

WELL SOUNDS GOOD IST' IT...Mmmmmmmm. ...BECAUSE OF DUE PROCESSSSS,THEY WON'T SELL, OK EVEN AFTER MUCH PUBLICITIES....WELL,JUST GET THIS STRAIGHT TO YOUR HEAD..YOU HAVE TRADED WITH OUR MONEY..WE WONT COLLECT IT WITHOUT A REASONABLE INTEREST PERIOD OR KEEP IT TO YOUR PERIL!