Showing posts with label sa. Show all posts
Showing posts with label sa. Show all posts

Friday, October 24, 2014

South Africa returns seized $15m 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, reported.

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.