Saturday, October 25, 2014

South Africa returns seized $15m arms money 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.

"South Africa's relations with Nigeria is priceless, it cannot be sold for $15m," he said.

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.

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