Saturday 31 October 2015

SA picks date to return seized $9m to Nigeria

If there is no further legal challenge, the South African government will hand over a sum of $9.34m to the Nigerian government on November 30, 2015.

The said amount had earlier been confiscated by the South African authorities from an Israeli arms dealer, Eyal Mesika, of Cyprus-based ESD International, who was acting on behalf of the Federal Government to procure arms for Nigeria.

A report by a South African news site, beta.iol.co.za, on Friday, said Nigeria would get the confiscated $9.34m on November 30, 2015, the arms dealer would be freed without prosecution and the South African government would engage in future arms deals with Nigeria.
 -Punch

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