South Africa Returns $15m Cash for Arms Seized from Nigeria

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Title: South Africa Returns $15m Cash for Arms Seized from Nigeria
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The South African Government has returned the $15 million meant for arms purchase that was seized from the Nigerian government. ...

The South African Government has returned the $15 million meant for arms purchase that was seized from the Nigerian government.

The 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, the Nigerian government through its National Security Adviser, Sambo Dasuki, said the transactions were legal.

Addressing a news conference on Friday, the South African Ambassador to Nigeria, Lulu Mnguni, said that the $15m cash has been released 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.

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