South Africa Returns Seized $9.3m, $5.7m Money For Arms 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.
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.


CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

1 Comments

  1. This shows that African leaders are corrupt and nothing good can come out of their leadership of the continent.wht was the money returned without telling us the names of the Nigerians that accompanied the Israelite to convey the money to SA

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