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South Africa Returns Seized $15 Million To Nigerian Government - Politics - Nairaland

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South Africa Returns Seized $15 Million To Nigerian Government by Obascoetubi: 11:08am On Jul 18, 2015
The government of South Africa has reportedly returned $15 million to the Nigerian government.

The South African border authorities had on September 5, 2014 seized $9.3 million meant for the procurement of arms for the Nigerian military, from two Nigerians and an Israeli who arrived the country in a private jet.

Custom officers discovered the money stashed in three suitcases after the suitcases were put through airport scanners.

The money was concealed in two black plastic suitcases, filled with 90 blocks each containing US$100,000 in notes.

The NPA said it found with the suspects, an invoice for a helicopter and armaments meant for Nigeria.
While the furore created by the cash seizure was yet to settle, South African authorities again seized another $5.7 million transferred by Societe D’Equipments Internationale of Nigeria, to South African arms company, Cerberus Risk Solutions, for the procurement of arms.

Although the Nigerian government through the office of the then National Security Adviser, Sambo Dasuki, admitted that the money belonged to the Nigerian government, the South African government said it would not release the funds until after “due process” was followed.

The South African High Commissioner to Nigeria, Lulu Mnguni, had said although his country had no intention of keeping the seized funds, it would only release it to Nigeria after due process had been followed.

On Friday, PR Nigeria, the consulting firm issuing statements on behalf of Nigerian security agencies said the money has finally been released.

It said the money was released as a result of some legal and diplomatic processes initiated by the former NSA which “ensured that cash seized by the South African government during the cash for arms saga last year have been fully recovered by Nigeria”.

PR Nigeria also added that “President Goodluck Jonathan’s administration was forced to resort to the alternative market to obtain arms when western powers blocked every access to the formal arms market but the cash were seized both at the airport and in the bank”.

Meanwhile PR Nigeria confirmed the release of Mr. Sambo by the SSS after more than 24 hours siege of his home.

It also said Mr. Sambo was released only after the SSS seized his international passports and other vital documents.

“Even though there is no more restriction of his movement, Dasuki still feels aggrieved that he was deprived of performing his religious obligation of attending the Eid Prayers, making the end of Ramadan fasting.

“Dasuki has vowed to challenge the action by seeking legal redress in order to enforce his fundamental human rights,” the release said.


http://www.premiumtimesng.com/news/top-news/186871-south-africa-returns-seized-15-million-to-nigerian-government.html

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Re: South Africa Returns Seized $15 Million To Nigerian Government by richidinho(m): 11:09am On Jul 18, 2015
That's close to N3.7 billion
Hope Nigerians will see the project executed with this money

Even if its a public toilet


We want to start seeing projects not arrest

102 Likes 5 Shares

Re: South Africa Returns Seized $15 Million To Nigerian Government by Nobody: 11:15am On Jul 18, 2015
nonshensh

1 Like 2 Shares

Re: South Africa Returns Seized $15 Million To Nigerian Government by baralatie(m): 11:17am On Jul 18, 2015
I hope APC and buhari apologist can read and understand from the opening post that the Zuma literarily was fanning the flame. "Due process" has been followed by the south African govt did not supply the ammunition at least they returned the money.
God will raise the support we need to crush bok haram

21 Likes 2 Shares

Re: South Africa Returns Seized $15 Million To Nigerian Government by ApcSucks: 11:18am On Jul 18, 2015
The money they conspired with apc to label gej bad names has been returned

Ogun go punish zuma and apc

68 Likes 5 Shares

Re: South Africa Returns Seized $15 Million To Nigerian Government by chybykee(m): 11:20am On Jul 18, 2015
Abeg make the money reach me oh!
Re: South Africa Returns Seized $15 Million To Nigerian Government by Nobody: 12:23pm On Jul 18, 2015
hope buhari doesn't embezzle it

13 Likes 1 Share

Re: South Africa Returns Seized $15 Million To Nigerian Government by Nobody: 12:23pm On Jul 18, 2015
Who owned the money....and the jet?

1 Like

Re: South Africa Returns Seized $15 Million To Nigerian Government by Sobeautiful: 12:24pm On Jul 18, 2015
Thought they needed the money.
Re: South Africa Returns Seized $15 Million To Nigerian Government by sukkot: 12:24pm On Jul 18, 2015
baba is working

64 Likes

Re: South Africa Returns Seized $15 Million To Nigerian Government by Nobody: 12:24pm On Jul 18, 2015
hope buhari no go use the whole money snap pictures with Obama

quack president

22 Likes 2 Shares

Re: South Africa Returns Seized $15 Million To Nigerian Government by Firefire(m): 12:25pm On Jul 18, 2015
Thank God.

The action of the past administration in this matter is purely against the Anti-Money Laundering / combating the financing of terrorism regulations of CBN. AML/CFT REGULATION (2009).

How would an organized and sovereign nation stack money in suitcases?

“President Goodluck Jonathan’s administration was forced to resort to the alternative market to obtain arms when western powers blocked every access to the formal arms market but the cash were seized both at the airport and in the bank”.

I understand the predicament of the then government in procuring arms, this does not warrant this approach of moving ‘raw-cash’ across countries.

We must learn from this and move forward as a nation.

Shalom!

66 Likes 2 Shares

Re: South Africa Returns Seized $15 Million To Nigerian Government by Forzap: 12:25pm On Jul 18, 2015
Jst here to read comments undecided

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Re: South Africa Returns Seized $15 Million To Nigerian Government by Joejonah(m): 12:25pm On Jul 18, 2015
Let them pay interest for that money they siezed.

They have no right whatsoever to seize our money meant for business.

10 Likes 3 Shares

Re: South Africa Returns Seized $15 Million To Nigerian Government by adtiezy1(m): 12:25pm On Jul 18, 2015
Good...more to go baba

11 Likes

Re: South Africa Returns Seized $15 Million To Nigerian Government by saint047(m): 12:25pm On Jul 18, 2015
Hope they use it well

1 Like

Re: South Africa Returns Seized $15 Million To Nigerian Government by Saheed9: 12:25pm On Jul 18, 2015
na
Re: South Africa Returns Seized $15 Million To Nigerian Government by bright007(f): 12:25pm On Jul 18, 2015
its our money

2 Likes

Re: South Africa Returns Seized $15 Million To Nigerian Government by Nobody: 12:25pm On Jul 18, 2015
finally
Re: South Africa Returns Seized $15 Million To Nigerian Government by Aitee1: 12:25pm On Jul 18, 2015
So it was just mere hatred for oga Jonah since gringrin


Oga Jonah it's official you were hated all round the globe just go and rest cos your enemies would have committed suicide if you had won a second term!

33 Likes 2 Shares

Re: South Africa Returns Seized $15 Million To Nigerian Government by Nobody: 12:25pm On Jul 18, 2015
sukkot:
baba is working

mumu

onye ara

19 Likes 1 Share

Re: South Africa Returns Seized $15 Million To Nigerian Government by Nobody: 12:25pm On Jul 18, 2015
ApcSucks:
The money they conspired with apc to label gej bad names has been returned

Ogun go punish zuma and apc

Any proof of your assertions?

In the post 9-11 world....moving cash in large amounts...when there are alternatives, is always going to raise a lot of red flags....even if the purposes are fully legitimate.

Right now...one top Pakistani actress is in jail for moving nearly $50000...way in excess of the law.

Due process....due process.

45 Likes 3 Shares

Re: South Africa Returns Seized $15 Million To Nigerian Government by Redlabel: 12:25pm On Jul 18, 2015
Thank God it was returned at last, the money should be put in good use
Re: South Africa Returns Seized $15 Million To Nigerian Government by mactoni91(m): 12:26pm On Jul 18, 2015
and u say i shouldn't be wishing PMB long life and prosperity every morning?
GOD BLESS PMB/PYO
GOD BLESS DR. IFEANYI OKOWA
GOD BLESS NIGERIA

37 Likes 1 Share

Re: South Africa Returns Seized $15 Million To Nigerian Government by missionmex(m): 12:26pm On Jul 18, 2015
Good image making for this administration.

7 Likes

Re: South Africa Returns Seized $15 Million To Nigerian Government by moneybag100: 12:26pm On Jul 18, 2015
Click like if you still believe in Buhari.
Share if you think he's a faliure too.

109 Likes 21 Shares

Re: South Africa Returns Seized $15 Million To Nigerian Government by Nobody: 12:26pm On Jul 18, 2015
ApcSucks:
The money they conspired with apc to label gej bad names has been returned

Ogun go punish zuma and apc

Gej too should have followed due process.

18 Likes

Re: South Africa Returns Seized $15 Million To Nigerian Government by Nobody: 12:27pm On Jul 18, 2015
sukkot:
baba is working
Charlatan

2 Likes

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