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Issues In The News

Nigeria’s $15m returned, says South Africa

Lulu Louis Mnguni, the South African ambassador to Nigeria, confirmed to the press on Friday that Nigeria has received the $15m seized by South African authorities in connection with two arms deals. Mnguni also reacted to the Synagogue collapse and its effect on the relationship between the two countries, saying they had come a long way and the collapse could only make them closer and stronger.

“South Africa’s relations with Nigeria comes a long way, so now this actually will make us much more closer, to see how we can close some of these gaps that result in such accidents,” Mnguni said. The South African ambassador added that the seizure of the funds by South African government was in no way related to the Synagogue collapse. “South Africa’s relations with Nigeria is priceless, it cannot be sold for $15m,” “These are two separate incidents, and of course, the issue of the money, have already been sorted out. Nigeria has been given the money.”

On September 5, South African authorities seized $9.3m cash belonging to the Nigerian government before seizing another $5.7m about one month later, claiming both funds were to be used for illegal purchase of arms. However, Sambo Dasuki, Nigeria’s national security adviser, maintained that the transactions were legal, urging to abstain from actions that could degenerate to a diplomatic showdow.

On October 14, the South African government said that it would return the money, which the ambassador now says has been returned.

Read more at: http://www.thecable.ng/nigerias-15m-returned-says-safrican-envoy | TheCable

About TransformationWatch

TransformationWatch is an online news site founded by Henry Omoregie It is focused on keeping tabs on the Transformation Agenda set out by the Nigerian leadership in the Local, State and Federal Governments. My mission is to observe, analyze and report milestones or slowdowns in promised service delivery in all the facets of governance in Nigeria (2011 and beyond). Readership is open to all Nigerians and friends of Nigeria alike, regardless of Tribe, Religion or Political divide. We are all in this together

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