South African authorities have seized
another US$5.7 million arms money
from Nigeria, just three weeks after the
$9.3 million cash transported by two
Nigerians and an Israeli for arms
purchase, South Africa-based City
Express reported Monday.
.
As with the first deal, South Africa’s
Asset Forfeiture Unit of the National
Prosecuting Authority seized the $5.7
million (about N952 million) for
allegedly being the proceeds of illegal
transactions, the paper said.
The news came more than two weeks
after two Nigerians and an Israeli
national were arrested in South Africa
after they attempted to smuggle US$9.3
million apparently meant for buying
arms for the Nigerian intelligence
service.
.
The men landed at Lanseria
International Airport, Johannesburg, on
September 5 in a private jet from Abuja
with the money stashed in three
suitcases.
At the time, the South Africa Revenue
Service, SARS, said customs officers
became suspicious when the
passengers’ luggage were unloaded and
put through the scanners.
.
The National Prosecuting Authority,
NPA, in South Africa said there was an
invoice for helicopters and armaments
intended to be used in Nigeria.
Two black plastic suitcases, filled with
90 blocks each containing US$100,000
in notes, with combination locks, were
seized, as well as two pieces of hand
luggage also containing US currency,
according to City Press.
The Israeli national, Eyal Mesika, had
the combination to open the locks.
Under South African laws, a person
entering or leaving the country is
expected to carry cash not exceeding
US$2,300, or the equivalent in foreign
currency notes.
.

The South African newspaper, City
Press, said documents in its possession
show that the first consignment was
personally signed off by the National
Security Adviser, Sambo Dasuki, who
issued the end-user certificate for the
transaction.
An entire “shopping list” was supplied
with the certificate, which included
everything from helicopters to
unmanned aircraft, rockets and
ammunition, it said.
The latest transaction, according to the
paper, was between Cerberus Risk
Solutions, an arms broker in Cape
Town, and Societe D’Equipments
Internationaux, said to be a Nigerian
company based in Abuja.
The paper said the deal fell apart after
Cerberus which had earlier received
from Nigeria R60 million (N1.02 billion)
in its account at Standard Bank, tried to
repay the money as it it could not
resolve its registration formalities with
the South African authorities.
“Cerberus was previously registered as
a broker with the National Conventional
Arms Control Committee (NCACC), but
the registration expired in May this
year,” City Press said.
“The marketing and contracting permits
also expired at the same time. The
company has since applied for re-
registration, but the application lay in
the NCACC’s mailbox for more than two
months.


“Sources told Rapport that Cerberus
apparently tried to pay the money back
to the Nigerian company, after which
the bank became suspicious,” the paper
reported.
The paper added that while the NPA’s
Asset Forfeiture Unit subsequently
obtained a court order in the South
Gauteng High Court to seize the money,
the NPA spokesperson Nathi Mncube,
said there were no indications the two
transactions were related.
“However, both are now the subject of a
criminal investigation and all possible
information and connections are being
investigated,” Mr. Mncube was quoted
as saying.

http://www.vanguardngr.com/2014/10/south-africa-seizes-another-5-7-m-nigerian-arms-deal/

Seems we can't learn to obey money laundering laws and also respect other countries.

Smh

The curse and embarrassment of a bad leadership is worse than leprosy!!

It would amount to a disaster of biblical proportions if these people are returned to ruin what is left of this piece of relic they've created out of this once great country.

#KickOutCluelesnessForever
#KickOutTheCankerworms

Vote GMB for President Federal Republic of Nigeria!!

I believe someone is not happy that this has nothing to do with CAN and Oritsejafor this time around.

Mynd44:
Seems we can't learn to obey money laundering laws and also respect other countries.

Smh

I just don't get it honestly!! Could a government be soooo dvmb??

Sorry for gej

There is an old proverb that says

"If u don't want to be dragged on the floor don't lie down there"

Ebele...the smartest president Nigeria ever had...or not

This whole thing is now a show of shame

There are policies and regulations in acquiring arms and ammunitions from other countries.I can't believe the monies seized from Nigeria was meant for purchase of arm.




GEJ is not doing enough to tackle corruption in Nigeria.Funny how South-Africa would make great fortune from all the busted money-laundering saga.

Nigeria, the giant of Africa in money laundering.

Davo93:
I believe someone is not happy that this has nothing to do with CAN and Oritsejafor this time around.

What difference does it make? It's not about if Oritsejafor is involved or not. The fact remains that Nigeria is involved.

Na waoo for Nigeria

Nawa oh. But why take that amount of money to another country when there is a stipulated amount of money that can be brought in

omenka:
The curse and embarrassment of a bad leadership is worse than leprosy!!

It would amount to a disaster of biblical proportions if these people are returned to ruin what is left of this piece of relic they've created out of this once great country.

#KickOutCluelesnessForever
#KickOutTheCankerworms

Vote GMB for President Federal Republic of Nigeria!!

Will the bolded solve our problem(s)?

This is ridiculous. The first hasn't been sorted out yet and now another one? And we'll most likely never get the money back thanks to the useless government.

Why only in SA?

Not again.

Now, i think this is becoming insane.. What are they now taking us for??

Nd we still dey borrow money , chai !!! , Nigeria which way

I'm not proud to be a nigerian, will never be

there was a country

wetin dey shele na?!!

They have not brought the arms they claimed they wanted to buy with the oder $9.3 million. They are already going to buy another one. They should stop looting our money and try to deceive us that they are buying arms.

South africans get mind ooo, haters

Again?..

Are these people for real?

omenka:
I just don't get it honestly!! Could a government be soooo dvmb??

'Dumb' is an under-statement.
$9.3+$5.7=$15million.

we must respond in Diplomatic terms... if this news is true!

anyways, GEJ till 2019 AFCON. Praise the Lord

Are they trying to let us believe the previous $9.3m is truly for arms? Is that why the invoice indicated it? I believe they are only trying to play with our intelligence again....

"I don't think any Government/body can be do stewpid to expose his buttocks twice"

But then again, it is GEJ's Government, anything goes or happens!

Jonathan till 2015

Umm... That aint ma concern actually.. But the below is..

Lmao............................

One day Akpors came very late to class and the following conversation ensued between him and the teacher:
Teacher: Akpors why are you late?
Akpors: One man lost 1000 naira at the bus stop.
Teacher: Wow, that’s good of you Akpors, you were helping him search for the money right?
Akpors: I dey mad? na me stand on top am since!

CLICK HERE FOR MORE JOKES LIKE THIS!

give me some likes guys..