Saturday, October 25, 2014

South Africa Returns Seized $15m To Nigeria



The $15m seized from some Nigerians by South African government has been returned to Nigeria said S.A ambassador to Nogeria Lulu Mnguni . It was reported that 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. However, the Nigerian Government had maintained that 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, The money has so far been returned said the Ambassador in a news conference on Friday.
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