FG Admits Ownership of $9.3m Arms Cash Seized by South Africa
BY BANKOLE ORIJA | 17 SEPTEMBER, 2014 00:01

The federal government has allegedly opened talks with South Africa after an aircraft conveying $9.3m cash from Abuja, allegedly for arms purchase, was seized by the South African authorities.

Two Nigerians and an Israeli aboard the airplane were detained and are facing investigations for transporting the huge amount into South Africa.

Security personnel were quoted however Tuesday as confirming the order and saying it was a normal practice to procure arms with cash.

PRNigeria, an agency that regularly disseminates media statements for the military, police and other security agencies in Nigeria, said that Nigerian government has released data and documents on the transaction, telling the South African government the transaction was “legitimate”

The report said talks between the two countries were at the governmental level and between the intelligence services of the two nations.

PRNigeria quoted a senior government official as saying that the South African Government only faulted “non-declaration” of the cash by the delegation from Nigeria.

“Nigeria and South Africa are getting closer to diplomatic resolution of the row over the $9.3m transaction. The two nations have opened up discussions,” PRNigeria quoted the official as saying.

“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.

“The technical details on security matters, which necessitated the desk, had been availed South Africa for screening.

“Based on initial scrutiny of the documents, the Challenger Jet has been released pending the conclusion of a full-scale investigation by South Africa.”

The source said South African authorities impounded the cash because of “procedural error”.

“There was procedural error at the airport, the team did not declare the $9.3million contrary to the aviation and customs laws in South Africa,” he said.

“So, there was an oversight on the part of the delegation that went to complete the transaction.

“Nigeria is trying to complete the formality and we are confident that the cash will be released for the purpose it was meant for.

“Movement of cash for strategic purchase of security equipment by intelligence service is not new; it is a global trend. The FBI, KGB, MOSSAD and others do it,” the statement said.

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we will be watching with keen interest