Home FOREIGN South Africa Returns Seized $15 Million To Nigeria

South Africa Returns Seized $15 Million To Nigeria

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The South African Ambassador to Nigeria, Lulu Mnguni has said that the $15 Million earlier seized from some Nigerians by the South African Government has been released to Nigeria.

The South African Government had, on September 5, 2014, seized $9.3 million cash belonging to Nigeria and a month later seized another $5.7 million, claiming that both funds were to be used for illegal purchase of arms..

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.

The South African Government on October 14, 2014 said it would return the money to Nigeria.

Mnguni said while addressing newsmen that Nigeria and his country have 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.

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The South African ambassador added that the seizure of the funds was in no way related to the Synagogue collapse in Lgos, adding:“South Africa’s relation with Nigeria is priceless; it cannot be sold for $15 million.” [myad]

 

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